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Wednesday, February 12, 2014

Torrey Chase Office Portfolio Between Energy Corridor & Exxon Campus




 Listing Torrey Chase Office Portfolio Between Energy Corridor & Exxon Campus
Price:$5,550,615
Status:For Sale

is pleased to present this excellent investment opportunity to own Torrey Chase Office Portfolio. Located in the FM1960 and Champions submarket, near the energy corridor and the new Exxon Campus, this investment offers a pride of ownership at a fraction of replacement cost. It consists of two freestanding Class “B” multi-tenant office buildings, Torrey Chase I & Torrey Chase II. This portfolio is situated on two contiguous separate legal parcels totaling 5.22 acres of land which provides 123,347 square feet of rentable area. With an aggregate current occupancy of 51.8%, this portfolio provides tremendous upside potential for an investor to increase cash flows through lease-up or immediate occupancy for owner-user corporate headquarters.


Torrey Chase Office Portfolio is surrounded by energy companies, medical buildings, and master-planned communities. It’s location in the FM1960/Champions submarket is notable for numerous public and private country clubs which hosted the US Open, Champions International, and Ryder Cup. Within a 10-mile radius, there are over 290,430 number of households with average income of $73,581. It’s ideal location provides immediate access to the interstate 45, 8 Beltway, Tomball Parkway, George Bush Intercontinental Airport, and David Wayne Hooks Airport.


Torrey Chase Office Portfolio Between Energy Corridor & Exxon Campus

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