Southwest Houston(Beltway 8/Hillcroft)
The Southwest Houston market covers a total of 12,600,000 rentable square feet distributed amongst approximately 300 office buildings. The vacancy rate has consistently stayed around 17% ensuring that it’s a solid market for office building investors. Quoted rents are trending in the $16-$17 per square foot range and are projected to increase over the coming years. The Southwest market sits across Beltway 8, spanning I-10 to Highway 90. Southwest is a notably diverse submarket but has an especially strong retail market.
Building Information
- Building ParkContact For Info
- Market NameHouston
- Rentable Building Area146934
- Submarket NameSouthwest/Hillcroft
- Year BuiltContact For Info
- Building ClassB
- Vacancy %21.52%
- Min Contiguous SF500
- Max Contiguous SF10542
Financial Details
- IncentivesFree Rent, Improvement Allowance, Building Signage Available
- Average Asking $/SF$16.14
- Max # of Occupants351
- Typical Floor SizeContact For Info
- Min Term (# of months)12
- Max Term (# of months)60
What's Nearby?
Coffee Shops
- The Teahouse
- Shipley Do-Nuts
- Circle K
Restaurants
- Fung's Kitchen
- Maharaja Bhog
- Saltgrass Steak House
Shopping Malls
- PlazAmericas
- Harwin Outlet Mall
- Harwin International Inc
Bars
- Olive Garden Italian Restaurant
- BreWingZ Restaurant and Bar
- Prime Daiquiri
Banks
- Prosperity Bank - Southwest Medical Center
- First National Bankcard Processing
- Prosperity Bank - Gessner
Transit Stations
- Beechnut St @ Braeburn Valley Dr
- Beechnut St @ Brae Acres Rd
- Beechnut St @ Bonhomme Rd