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2401 Fountain View Drive

Updated Sep 24, 2025

Investor Acquires 2401 Fountain View Drive Office Building In Houston Represented By David Carter
SOLDOffice

Investor Acquires 2401 Fountain View Drive Office Building In Houston Represented By David Carter

2401 Fountain View Drive

Building Size

178,000 SF

Asset Type

Office

Closing

Sep 19, 2025

About this deal

AI

An undisclosed investor purchased a 178,000-square-foot, 10-story Class-B office building located at 2401 Fountain View Drive in Houston's San Felipe/Voss submarket near The Galleria. The property is currently 69% leased and has undergone $1.8 million in upgrades over the past five years.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Undisclosed
  • Address: 2401 Fountain View Drive
  • Market: Houston
  • Square Footage: 178,000
  • Asset Class: Class-B
  • Leasing Status: 69% leased
  • Recent Upgrades: $1.8 million in the last five years
  • Broker: David Carter - Colliers
  • Seller's Representative: David L. Carter - Colliers

David Carter of Colliers represented the seller in this transaction, facilitating the sale in a competitive market environment. The strategic location near The Galleria enhances the property's appeal for potential investors.

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Players

David Carter

Colliers

Broker

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Houston Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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