Bellaire Park

6565 & 6575 West Loop South  |  Bellaire, Texas

The property is located near major thoroughfares and public transportation nodes and enjoys good accessibility to the Houston CBD. Its proximity to the Texas Medical Center, Houston’s largest employment centre outside of the CBD and the largest medical centre in the US, has contributed to its high concentration of tenants from the healthcare sector. To better support the operation of its healthcare tenants, one of the buildings which has primarily medical tenants, is also equipped with a covered patient drop-off area.

One of its buildings is a recipient of the US Environmental Protection Agency’s prestigious ENERGY STAR® label.

Key Statistics

US$51.5M Valuation as of 31 December 2021
313,873 SF Net Lettable Area
90.50% Committed Occupancy as of 31 December 2021
(0.4%) Previous 12 Month Rental Growth(1)
4.2% Projected Rental Growth(1)
Freehold Land Tenure

(1) Refers to average submarket office rent.

Source: CoStar Office Report, December 2021.