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9801 Westheimer Rd
Houston, TX 77042
Office Property For Sale


INVESTMENT HIGHLIGHTS
- Lender Facilitated Auction Sale (CONTACT BROKER FOR INFO)
- Institutional Ownership
- Reset Basis with Recent Capital Expenditures
EXECUTIVE SUMMARY
Kenai Capital Advisors (“Kenai”), as exclusive advisor to the seller, is pleased to present the opportunity to acquire the fee simple interest in 9801 Westheimer, Houston, Texas 77042 (“Property”), a 212,859 SF 11-story office tower located in the heart of Houston’s Westchase submarket.
Located along Westheimer Road, one of Houston’s most heavily trafficked and amenity-rich commercial corridors, the Property provides investors with a rare opportunity to acquire an institutionally owned Class-A asset at a compelling basis. The building features excellent visibility, access, and less than 1 mile from Sam Houston Tollway which provides easy access to the broader Houston MSA. Currently 28.3% occupied with a diverse roster of professional services, engineering, and technology tenants with a weighted average lease term (WALT) of 4.1 years, the Property provides assured in-place cash flow while offering substantial upside through lease-up or repositioning. With strong local demand drivers, dense surrounding demographics, and favorable acquisition pricing, 9801 Westheimer represents a value-driven opportunity in one of Houston’s most resilient and accessible office submarkets.
Located along Westheimer Road, one of Houston’s most heavily trafficked and amenity-rich commercial corridors, the Property provides investors with a rare opportunity to acquire an institutionally owned Class-A asset at a compelling basis. The building features excellent visibility, access, and less than 1 mile from Sam Houston Tollway which provides easy access to the broader Houston MSA. Currently 28.3% occupied with a diverse roster of professional services, engineering, and technology tenants with a weighted average lease term (WALT) of 4.1 years, the Property provides assured in-place cash flow while offering substantial upside through lease-up or repositioning. With strong local demand drivers, dense surrounding demographics, and favorable acquisition pricing, 9801 Westheimer represents a value-driven opportunity in one of Houston’s most resilient and accessible office submarkets.
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Conditions
Property Type
Building Size
212,859 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1981/2015
Percent Leased
31%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
19,351 SF
Slab To Slab
11’
Building FAR
0.91
Lot Size
5.36 AC
Zoning
F1 Real, Commercial - "8003 - Land Neighborhood Section 3
4354 - Office Buildings, Hi-Rise (5+
Stories)"
Parking
738 Spaces (3.47 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Controlled Access
- Conferencing Facility
- Property Manager on Site
- Restaurant
- Security System
- Balcony
PROPERTY TAXES
| Parcel Number | 1101420000011 | Improvements Assessment | $5,155,560 CAD |
| Land Assessment | $7,384,887 CAD | Total Assessment | $12,540,447 CAD |
PROPERTY TAXES
Parcel Number
1101420000011
Land Assessment
$7,384,887 CAD
Improvements Assessment
$5,155,560 CAD
Total Assessment
$12,540,447 CAD
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