3900 Essex | 3900 Essex Ln
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3900 Essex 3900 Essex Ln
235,620 SF 75% Leased 4-Star Office Building Houston, TX 77027 For Sale
Investment Highlights
- Prestigious Location with Premier Accessibility
- Significant Capital Improvements
- Irreplaceable Location with Countless Nearby Amenities
- Value-Add Opportunity in a Top Performing Submarket
- Surrounded by Houston’s Best Retail, Multi-Family and Office Assets
Executive Summary
JLL Capital Markets, on behalf of the owner, is pleased to present for sale a 100% fee simple interest in 3900 Essex (“the Property”), a 73.9% leased 235,620 square foot, multi-tenant Class A office property strategically positioned in the prestigious Greenway submarket. The building boasts an irreplaceable infill location, situated among Houston’s most prominent neighborhoods including River Oaks and West University, providing unrivaled access to the city’s established affluent population.
Built in 1981, the Property has undergone significant capital improvements in recent years with more than $3.2 million spent since 2014 to upgrade building systems and implement more tenant amenities including a fitness center, shared tenant conference room, and tenant outdoor deck. Moreover, the Property offers countless walkable amenities and an above standard parking ratio, ensuring ample parking spaces for tenants and visitors. With immediate access to major roadways via 610 Loop West and Highway 59, the Property offers superb ingress and egress to other major population centers of Houston, providing top accessibility for tenants.
Given the asset’s current occupancy level and excellent location, 3900 Essex present a unique value-add opportunity in an infill, walkable location at a fraction of replacement cost.
Built in 1981, the Property has undergone significant capital improvements in recent years with more than $3.2 million spent since 2014 to upgrade building systems and implement more tenant amenities including a fitness center, shared tenant conference room, and tenant outdoor deck. Moreover, the Property offers countless walkable amenities and an above standard parking ratio, ensuring ample parking spaces for tenants and visitors. With immediate access to major roadways via 610 Loop West and Highway 59, the Property offers superb ingress and egress to other major population centers of Houston, providing top accessibility for tenants.
Given the asset’s current occupancy level and excellent location, 3900 Essex present a unique value-add opportunity in an infill, walkable location at a fraction of replacement cost.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
235,620 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1981/2014
Percent Leased
75%
Tenancy
Multiple
Number of Floors
12
Typical Floor Size
20,349 SF
Slab to Slab
12 ft
Building FAR
1.76
Lot Size
3.07 AC
Zoning
None
Parking
693 Spaces (2.94 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Bus Route
- Controlled Access
- Conferencing Facility
- Fitness Centre
- Food Court
- Food Service
- Plug & Play
- Shower Facilities
- Monument Signage
1 of 1
Walk Score ®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 0836580000010 | Improvements Assessment | £17,830,881 |
| Land Assessment | £6,680,088 | Total Assessment | £24,510,969 |
PROPERTY TAXES
Parcel Number
0836580000010
Land Assessment
£6,680,088
Improvements Assessment
£17,830,881
Total Assessment
£24,510,969
1 of 20
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3900 Essex | 3900 Essex Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.