kingwood place office portfolio kp...kingwood place office portfolio is conveniently located along...

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KINGWOOD PLACE OFFICE PORTFOLIO avisonyoungcapitalmarkets.com avisonyoung.com KP Investment Opportunity | +/- 199,183 SF

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Page 1: KINGWOOD PLACE OFFICE PORTFOLIO KP...Kingwood Place Office Portfolio is conveniently located along Rockmead Dr. just off Kingwood . Dr. with immediate access to Highway 59 ... Property’s

KINGWOOD PLACE OFFICE PORTFOLIO

avisonyoungcapita lmark ets .com

avisonyoung.com

KP

Investment Opportunity | +/- 199,183 SF

Page 2: KINGWOOD PLACE OFFICE PORTFOLIO KP...Kingwood Place Office Portfolio is conveniently located along Rockmead Dr. just off Kingwood . Dr. with immediate access to Highway 59 ... Property’s

One Kingwood Place600 Rockmead Dr.

Property Size: +/- 34,598 SFOccupancy: 76.8%

Floors: 2Year Built: 1976

Site Area: +/- 2.65 acres

Three Kingwood Place800 Rockmead Dr.

Property Size: +/- 53,573 SFOccupancy: 94.2%

Floors: 2Year Built: 1981

Site Area: +/- 3.61 acres

KP

Page 3: KINGWOOD PLACE OFFICE PORTFOLIO KP...Kingwood Place Office Portfolio is conveniently located along Rockmead Dr. just off Kingwood . Dr. with immediate access to Highway 59 ... Property’s

Total Property Size: +/- 199,183 SFTotal Site Area: +/- 13.65 acresTotal Occupancy: 87.7%

Kingwood Place Office Portfolio is comprised of four, two-story, Class B atrium office buildings located along Rockmead Dr. The office complex is a total of approximately 199,183 rentable square feet on a 13.65-acre parcel of land located in the Kingwood/Humble submarket.

Currently 87.7% occupied, the Properties present an excellent investment opportunity with the ability to increase income through the lease up of vacant space, renewals and contractual rent bumps.

Kingwood Place Office Portfolio is conveniently located along Rockmead Dr. just off Kingwood Dr. with immediate access to Highway 59 (Interstate 69) and just 15 minutes from Beltway 8 and Bush Intercontinental Airport. The Property’s unique location in the heart of the master-planned community of Kingwood offers accessibility to Kingwood Medical Center and numerous banks, hotels, restaurants, retail stores and premier golf courses, including Kingwood Country Club.

Surrounded by a greenbelt and nature preserve, the complex features a beautiful wooded park like setting with walkways and benches and an ample parking ratio of 3.04/1,000. Additional amenities offered include card key access, vending area in each building, on-site patrolling at designated times as well as a security system and on-site management and maintenance.

Two Kingwood Place700 Rockmead Dr.

Property Size: +/- 50,132 SFOccupancy: 91.0%

Floors: 2Year Built.: 1977

Site Area: +/- 3.47 acres

Four Kingwood Place900 Rockmead Dr.

Property Size: +/- 60,880 SFOccupancy: 85.7%

Floors: 2Year Built: 1982

Site Area: +/- 3.92 acres

Page 4: KINGWOOD PLACE OFFICE PORTFOLIO KP...Kingwood Place Office Portfolio is conveniently located along Rockmead Dr. just off Kingwood . Dr. with immediate access to Highway 59 ... Property’s

KINGWOOD PLACE OFFICE PORTFOLIO

KP

Investment Opportunity | +/- 199,183 SF

Darrell L. Betts, CCIMPrincipal

Capital [email protected]

713.993.7704

Jessica S. AlexanderProject Coordinator

Capital [email protected]

713.993.7703

Gabe GarciaFinancial AnalystCapital Markets

[email protected]

Kingwood Medical Center

Kingwood Medical Center

Lone Star CollegeKingwood

KP