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Houston Recovery Center Leases Office Space At 1500 McGowen Street In Houston, TX

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LEASED

Texas

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Office6,788 SF
Leased 04/01/2023
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LEASED

Houston Recovery Center Leases Office Space At 1500 McGowen Street In Houston, TX

1500 McGowen St Houston, TX 77004, USA

See Similar Deals
Office6,788 SF
Leased 04/01/2023
Contact now

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:6,788 SF
Transaction Type:Lease

The Houston Recovery Center, represented by brokers Ryan Hartsell and Perry Mazzone of Oxford Partners, has leased 6,788 square feet of office space at 1500 McGowen Street in Houston, Texas. The Inner Loop River Oaks submarket location makes it a prime spot for the center's operations.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not available
  • Address: 1500 McGowen Street, Houston, TX
  • Market: Houston
  • Landlord: Davis Holdings LP
  • Tenant: Houston Recovery Center, LGC
  • Brokers: Ryan Hartsell & Perry Mazzone - Oxford Partners

Kate Davis, representing Davis Holdings, acted as the landlord in this transaction. The lease represents a significant move for the Houston Recovery Center, providing ample office space for their operations.

Players

Ryan Hartsell
20 deals(281) 923-5660
BROKER

Details

LEASED
IMAGE: Ryan Hartsell & Perry Mazzone DATE: 04/01/2023 ADDRESS: 1500 Mcgowen Street MARKET: Houston ASSET TYPE: Office ~ SF: 6,788 LANDLORD: Davis Holdings LP TENANT: Houston Recovery Center, LGC (@HoustonRecoveryCenter) BROKERS: Ryan Hartsell & Perry Mazzone - Oxford Partners (@OxfordPartnershtx) NOTE FROM BROKERS: Perry Mazzone and Ryan Hartsell represented the tenant, Houston Recovery Center in the lease of 6,788 square feet of office space. The office space is located at 1500 McGowen Houston, TX which is within the Inner Loop River Oaks submarket. Kate Davis with Davis Holdings represented the landlord, Davis Holdings.

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Deal Type
Effective Rent (Annual)

$389,084.06

Total Lease Value

$3,890,840.64

Net Landlord Cash Flow$389,084.06