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Property Detail

Benmar Drive
Numerous modern features, including secure, controlled access, 7 passenger elevators,
$1,850,000

Description

  • CityNorth 1 includes a vacant Class A suburban office tower with a prime location in the Greenspoint Plaza, ideal for a value-add investor.
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  • Numerous modern features, including secure, controlled access, 7 passenger elevators, wall-to-wall windows, and large floor plates.
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  • Within a vibrant office park with numerous on-campus restaurants, covered walkways, modern outdoor seating, and professional landscaping.
  • Located just off the interchange of I-45 and Beltway 8, just 20 mins from Downtown Houston and 15 mins from George Bush Intercontinental Airport.
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  • Best-in-class amenities include a tenant lounge with Swing golf simulator, ping pong, and a coffee bar, as well as an on-site fitness center.

Executive Summary

Join one of North Houston’s most desirable commercial hubs with the Class A Suburban office tower at 233 Benmar Drive, CityNorth 1. Delivered vacant, this is a can’t-miss opportunity for value-add investors, providing immense upside to tenant the property and collect growing office rents, up 1.5% annually.

CityNorth 1 was initially built in 1982 and totals 253,562 square feet across 12 stories, including a full basement and a penthouse suite. The property’s numerous modern features include a bright lobby with secure controlled access, seven high-speed passenger elevators, wall-to-wall windows, and a flexible mix of private and collaborative offices on spacious floor plates. The building was awarded LEED Gold Certification in 2014.

The best-in-class amenities at CityNorth 1 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 17001 Northchase Drive, the population of more than 255,000 has grown by over 11% since 2010, delivering a stable workforce to new businesses.

Make your mark on the Houston market with this trophy office tower with unmatched amenities and convenient interstate access at 233 Benmar Drive - CityNorth 1.

North Houston Class-A Tower

Listing ID : 00551

SKU: 551

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Price History

DateEventPrice
December 2 2024Listed$1,850,000.00