500 Dallas Street
One Allen Center
One Allen Center is an excellent class A sublease opportunity in downtown Houston. The building is connected via tunnel and sky-walk, permitting convenient climate-controlled access from all buildings to parking, health clubs, hotels, restaurants, retail shops, and services.
Located on downtown Houston’s tunnel system, providing direct covered connections from Allen Center to all major office buildings, banks, hotels, and restaurants in the Central Business District. More than 50% of the property at One Allen Center is devoted to landscaping, reflection pools, fountains, and plazas. All buildings are connected by means of overhead walkways, permitting convenient climate-controlled access from all buildings to parking, health clubs, hotel, restaurants, retail shops and services.
The property features an on-site private health club offering 13 indoor tennis courts, racquetball courts, full exercise equipment, and a restaurant. Allen Center is also home to The Heritage Club, a private rooftop club and gourmet restaurant, as well as The Court at Allen Center, a 30,000 SF restaurant and retail development on the tunnel level.
The exterior is a handsome precast concrete curtain wall, glazed with reflective, heat-strengthened bronze glass. The lobby area is detailed in rich cream and brown botticino Italian marble. Amenities include extensive life support systems with complete building sprinklerization, central emergency control stations, lobby exhaust system, fire suppression system, emergency lighting, emergency power, public address system, pressurized smoke tower, and firefighters’ elevators. Security measures also feature after-hours tenant suite alarms and uniformed security personnel with on-site supervision, 24-hours a day. The renovation architect for this project was Lloyd Jones Brewer & Associates.
Allen Center Garage: unreserved spaces are $195, reserved spaces $275.
Metropolitan Garage: unreserved spaces $180, reserved spaces $235.
VIP parking is $340 (taxes included).
Parking: reserved spaces @ $235-275; unreserved $180-195
This building was awarded an Energy Star label in 2009 for its operating efficiency.
This building was awarded an Energy Star label in 2012 for its operating efficiency.
This building was awarded an Energy Star label in 2013 for its operating efficiency.
Details:
- Floor 11- 9,950 RSF, $28.00 gross, term: 12/31/20, 2014 Base Year OPEX, $10.00/SF allowance, parking 3/1,000 unreserved, Availability: immediately, Features: lobby exposure next to elevators, space is configured with perimeter offices and open interior, coffee bar/kitchen with upgrades, interior and exterior conference rooms.
- Floor 13- 4,466 RSF, $28.00 gross, term: 12/31/20, 2014 Base Year OPEX, $10.00/SF allowance, parking 3/1,000 unreserved, Availability: immediately, Features: currently configured open concept, additional contiguous space of approximately 2,500 RSF available
Houston, Texas 77002
- Square Footage: 993,297
- Building Class: Class A
- Property Type: Office
- Lot Size: 1.88 AC
- Max. Contiguous: 25, 288 SF
- Parking Spaces: reserved spaces @ $235-275; unreserved $180-195
- Availability: Available
- True Owner: One Allen Center Co LLC
- Year Built: 1972, Renovated in 1992
- TYP Floor: 29,214
- RBA: 993,297
- Stories: 34
- Percent Leased: 89.7
- Total Available: 123,522
- Total Vacant: 337,573
- Max. Contiguous: 25,288
- Average Rent/sf: $25.00-$29.00