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7909 Parkwood Circle Dr - Parkwood Circle Building 190,000 SF Office Building
About 7909 PARKWOOD CIRCLE DR , HOUSTON , TX 77036
| Price | Not Individually For Sale | Building Class | B |
| Building Size | 190,000 SF | Lot Size | 7.23 AC |
| Property Type | Office | Parking Ratio | 5/1,000 SF |
| Price | Not Individually For Sale |
| Building Size | 190,000 SF |
| Property Type | Office |
| Building Class | B |
| Lot Size | 7.23 AC |
| Parking Ratio | 5/1,000 SF |
Executive Summary
The 3 building campus contains 337,000 square feet of net rentable area and is 100% occupied by National Oilwell Varco (NYSE: NOV), one of west Houston's largest tenants under a lease that expires in 2017. National Oilwell Varco has a market cap in excess of $15 billion and produced a net profit of approximately $1.5 Billion in 2009. The company carries a credit rating of A- with Standard & Poor's and A3 with Moody's. With less than $1 Billion of long-term debt outstanding and a cash balance of $2.6 Billion, the company is positioned to capitalize on opportunities that arise.
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