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1800 Bering 1800 Bering Dr 171,510 SF 83% Leased 4-Star Office Building Houston, TX 77057 For Sale
INVESTMENT HIGHLIGHTS
- 1800 Bering Drive is located in one of Houston’s thriving retail and entertainment hubs and is peppered with popular eateries and shopping options.
- Located in the Uptown/Galleria Submarket, anchored by prestigious ownership, and among Houston’s most affluent residential neighborhoods.
- Best-in-class on-site amenities, including a grab-and-go market and tenant lounge, and 24-hour card key access with a security guard.
- Significant capital investment at a competitive basis with stable in-place cash flow and a diverse rent roll, mitigating against industry cycles.
EXECUTIVE SUMMARY
1800 Bering Drive is situated in the heart of Houston’s most affluent residential neighborhoods, including Tanglewood, the Memorial Villages, and River Oaks, which are home to many influential decision-makers. Just outside the Galleria/Uptown, the office is minutes away from rich amenities without tenants having to endure daily congestion. 1800 Bering Drive is surrounded by 610 West Loop, Interstates 10 and 59, providing premier connectivity to Houston’s employee base in any direction. The near-stabilized occupancy and significant capital improvements by the current owner present a unique opportunity to acquire an exceptionally high-quality infill boutique office asset with an attractive in-place yield and tangible upside at a highly competitive basis.
SALE FLYER
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Food Service
- Property Manager on Site
- Outdoor Seating
- Air Conditioning
- Fiber Optic Internet
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Finance and Insurance
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$9.99
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Alamo Title is a full service title company that provides title services based in Houston, Texas. They are dedicated to ensuring your transaction is handled with accuracy, honesty, and efficiency from initial contact to closing. They are a proud company, comprised of dedicated and talented individuals who have the desire and knowledge to succeed. The heart of their company are their dedicated agents providing quality service throughout Texas and New Mexico. Alamo Title Insurance has earned its place in industry history, a position of distinction and respect. Their industry has undergone great changes and the use of "ratings" has become a necessity for acceptability and marketability. Alamo far exceeds the minimum acceptable ratings required by the Federal National Mortgage Association (FNMA).
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- Health Care and Social Assistance
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Lorem Ipsum
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Welcome to Houston Premier Dermatology! At Houston Premier Dermatology in Houston, TX, Dr. Catherine Papasakelariou knows that each patient has different concerns and cosmetic goals. For patients visiting us because of a medical condition, a skin condition, or a cosmetic need, they have the state-of-the-art technology and the knowledge you can depend on. Dr. Papasakelariou strives to ensure her patients feel comfortable and relaxed throughout their visit. With multiple amenities, such as free parking, a coffee bar, and comfy waiting room chairs, Dr. Papasakelariou has specially designed and tailored her office to help patients have an extraordinary visit. During your private consultation, Dr. Papasakelariou will take the time to answer your questions and address your concerns. In fact, during her residency, she received honors for her patient to physician interaction!
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- Professional, Scientific, and Technical Services
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ioMosaic is focused on protecting your people, your plant, your stakeholder value and our planet. Their mission is to help their clients reduce and manage episodic risk and improve the safety of their work environments so they can worry less and focus more on what they do best.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Finance and Insurance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
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Professional, Scientific, and Technical Services | - | - | - | Jan 0000 |
DEMOGRAPHICS
Demographics
NEARBY AMENITIES
RESTAURANTS |
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|---|---|---|---|
| Tuscany Gate | - | - | 2 min walk |
| CAVA | - | - | 3 min walk |
| Mod Pizza | Pizza | - | 3 min walk |
| Chipotle Mexican Grill | - | - | 6 min walk |
| Torchy's Tacos | Mexican | - | 8 min walk |
RETAIL |
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|---|---|---|
| Chase | Bank | 5 min walk |
| H-E-B | Supermarket | 10 min walk |
HOTELS |
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|---|---|
| OYO |
88 rooms
5 min drive
|
| DoubleTree by Hilton |
476 rooms
5 min drive
|
| Royal Sonesta |
485 rooms
5 min drive
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| Residence Inn |
146 rooms
4 min drive
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| Westin |
875 rooms
5 min drive
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| Marriott |
301 rooms
4 min drive
|
PROPERTY TAXES
| Parcel Number | 0681070000020 | Improvements Assessment | $23,361,861 CAD |
| Land Assessment | $5,124,252 CAD | Total Assessment | $28,486,114 CAD |
PROPERTY TAXES
ABOUT THE SELLER
ABOUT THE ARCHITECT
SALE ADVISORS
SALE ADVISORS
Kevin McConn, Managing Director, Capital Markets
Kevin has over 19 years of commercial real estate experience. Prior to joining the JLL’s Capital Markets group, Kevin was a Development Manager at CBRE and Trammell Crow Company specializing in the development and construction of office and retail properties.Kevin’s experience has provided him with a strong understanding of leasing, due diligence, financial analysis as well as development, construction and transaction management.
Marty Hogan, Managing Director
Dawson Hastings, Investment Advisory Analyst
The people you meet and interact with on a daily basis are amazing. Everyone is willing to give up some of their precious time for a conversations, a lunch, a breakfast, or a chance for a new relationship. This mutual understanding to mingle makes the real estate industry a very enjoyable career.
Donnita Wilson, Senior Production Associate
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1800 Bering | 1800 Bering Dr
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