Contacts

RealINSIGHT Marketplace
Property Details
- Property Type Office
- Property Size 212,859 SF
- Lot Size 5.36 Acre
- # of Floors 11
- Building Class A
- Year Built 1981
- Year Renovated 2015
- Date Updated Sep 30, 2025
Lender-Facilitated Auction Sale: This property is being offered through a RealINSIGHT Marketplace auction with a structured timeline and highly transparent diligence. Investors will appreciate this sales process as the auction allows for a streamlined and efficient transaction. All key due diligence materials, including the Environmental Site Assessment (Phase I), Property Condition Assessment, ALTA Survey, and Title Report are available in the deal room from nationally recognized consultants. This structured sale format allows investors to underwrite with confidence and pursue a value-driven acquisition of a Class-A building in one of Houston’s most accessible office locations.
Attractive Basis Compared to Recent Sales at a Significant Discount to Replacement Costs: 9801 Westheimer is being offered at a compelling price point well below both recent sales in the Houston office market and current replacement cost. The significant discount creates a favorable entry basis for investors, enabling aggressive lease-up strategies and tenant incentive packages while still maintaining strong return thresholds. This asset provides a rare opportunity to acquire an existing Class-A office building at a fraction of the capital required for ground-up development, positioning future ownership to capitalize on rising demand at a competitive cost advantage.
In-Place Tenant Revenue with Longer Term WALT: 9801 Westheimer benefits from a stable foundation of in-place income generated by a diverse tenant mix across professional services, engineering, and technology sectors. The current occupancy provides immediate cash flow to offset operating expenses, while the weighted average lease term (WALT) of 4.1 years ensures predictable near-term revenue. This income stability allows investors to focus on long-term value creation through targeted leasing and repositioning strategies, all while benefiting from secure, ongoing rental collections.
Auctioneer Name: Lamar P. Fisher
Auctioneer License ID: 10344
Reserve: $6000000
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Houston, TX
- Neighborhood Westchase
- Zip Code 77042
- Market Houston
Points of Interest
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TMC Transit Center
8.63 miles
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Dryden/TMC
8.66 miles
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Hermann Park/Rice U
8.97 miles
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Museum District (southbound)
9.21 miles
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Kinder Station
9.23 miles
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M. D. Anderson Station
9.25 miles
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Museum District (northbound)
9.26 miles
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Fannin South
9.40 miles
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Kroger
0.14 miles
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Chevron
0.19 miles
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Tesla Supercharger
0.20 miles
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Exxon
0.22 miles
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Randalls
0.35 miles
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Shell
0.60 miles
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Elan
1.03 miles
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Now & Forever
1.32 miles
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Blink
1.81 miles
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Siemens
2.04 miles
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Schlumberger Parking Garage
0.86 miles
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Gessner Park and Ride
1.10 miles
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Westchase Park and Ride
1.82 miles
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Memorial City Plaza Parking Garage
2.82 miles
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Memorial City Mall Overflow Parking
2.91 miles
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Hilcroft Park and Ride
2.95 miles
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Village Towers Parking Garage
3.26 miles
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Westwood Park and Ride
4.45 miles
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Shell Woodcreek Garage 1
5.19 miles
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Omni Houston Hotel Parking Garage
5.28 miles
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Residence Inn
0.16 miles
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Courtyard
0.23 miles
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Marriott
0.54 miles
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Extended Stay America - Houston - Westchase - Westheimer
1.06 miles
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Fairfield Inn & Suites
1.07 miles
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Red Roof Inn Houston - Westchase
1.07 miles
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Baymont Houston/Westchase
1.08 miles
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Quality Inn & Suites West Chase
1.08 miles
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TownePlace Suites
1.40 miles
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DoubleTree by Hilton Houston Westchase
1.48 miles
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Kroger
0.22 miles
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Woodlake Square
0.31 miles
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Randalls
0.32 miles
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ALDI
0.49 miles
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Brighton Jones
1.21 miles
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Target
1.44 miles
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Ross
1.62 miles
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Randall's
1.70 miles
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Whole Foods Market
1.73 miles
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Walmart Supercenter
1.80 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

RealINSIGHT Marketplace