VALUE-ADD CLASS-A OFFICE TOWER & GARAGE

Colliers is pleased to exclusively present the opportunity to acquire the 100% fee simple interest in 12450 Greenspoint Drive, CityNorth 6. This stunning Class A suburban office tower provides a running start to investors looking to break into the Greenspoint commercial hub in North Houston, Texas. Delivered vacant, a significant upside exists for a value-add investor to stabilize the property and capture elevated office rents, up 1.5% annually. CityNorth 6 is a versatile commercial office investment with numerous modern features and amenities. The 14-story tower, which totals 356,469 square feet, was built in 1987 on a spacious 2.11-acre lot. The offer also includes an adjacent parking garage, providing abundant covered parking to tenants of the property, while the surrounding professional landscaping creates a lush, park-like atmosphere. The garage also comes with an easement of use for neighboring offices at CityNorth 5, providing an in-place income stream. Businesses will enjoy the building’s secure controlled access and shared conference spaces, while employees will love the on-site fitness center and one-of-a-kind tenant lounge. The upscale interiors are defined by a flexible mix of private and collaborative spaces across 19,000-square-foot floor plates with wall-to-wall double-pane windows. The property also includes a basement level and a beautiful penthouse suite, easily reached by the eight high-speed passenger elevators. Highly energy efficient, the building has received LEED Gold certification. The best-in-class amenities at CityNorth 6 include a tenant-shared conference facility, a high-performance fitness center, and a well-equipped tenant lounge with a Full Swing golf simulator, a putting green, ping pong, pool tables, and a coffee bar. The property is equipped with a split-level parking garage that includes both covered and reserved parking options, providing ample spaces and reducing commute times. Located just off the intersection of Interstate 45 and Highway 8, the property is easily accessible and facilitates quick and easy commutes. Further distance travel is supported by the George Bush Intercontinental Airport, reachable in just 15 minutes. Downtown Houston is 20 minutes away, providing opportunities for world-class entertainment, sports, and nightlife. The area’s exceptional connectivity and surrounding amenities have attracted numerous desirable residential communities near CityNorth, including Kingwood, Champions, and the Woodlands. Within 5 miles of 12450 Greenspoint Drive, the population of more than 255,000 has grown by over 11% since 2010, delivering a stable workforce to new businesses. Contact the Colliers team today to learn more about this Class-A office tower with a top-tier location at 12450 Greenspoint Drive, CityNorth 6. Explore other exciting opportunities with the auctions of CityNorth 5 and CityNorth 1: CityNorth 1: https://www.ten-x.com/listing/address/33565445 CityNorth 5: https://www.ten-x.com/listing/address/32628340