3637 West Alabama Street
Building 1
Hollywood Square
11/2004: Timmons Partners, Ltd. purchased these properties from Timmons Holdings, I, Ltd. Both sides were represented by Marcus & Millichap.
The properties are located in the heart of the Inner Loop market, within minutes of the best shopping and housing in Houston, Texas. The Timmons portfolio is conveniently located five miles southwest of the CBD and 3 miles northeast of the Uptown/Galleria area. Close proximity to Houston’s most affluent neighborhoods, including River Oaks and West University 100% occupancy rate comprised of a unique, high-end retail, wholesale and office tenant base. Great opportunity to purchase a stabilized asset with tremendous upside through rent increases, future land values, and redevelopment opportunities.
Houston, Texas 77027
- Square Footage: 30,772
- Building Class: Class C
- Property Type: Office
- Lot Size: 1.55 AC
- Max. Contiguous: 3,274 SF
- Parking Spaces: 75 free surface spaces available; Ratio of 3.30/1,000 SF
- Availability: Available
- True Owner: Western General Holding Co., (713) 333-0100
- Year Built: 1975
- TYP Floor: 15,386
- RBA: 30,772
- Stories: 2
- Percent Leased: 70.3
- Total Available: 9,146
- Total Vacant: 9,146
- Max. Contiguous: 3,274
- Average Rent/sf: $20.00
