Investment Overview
One Harbour Square is a value-add investment opportunity priced well below replacement cost that offers a future owner a solid cap rate at the building’s current occupancy with the potential of a double-digit return once the property achieves 80% occupancy. The building is a well located, Class B, atrium style professional office building that has historically maintained an occupancy at or above other comparable buildings in the greater Clear Lake market. The site offers its tenants upscale finishes, prominent signage opportunities, an abundance of parking, and excellent access to all the area’s most heavily traveled roadways and attractions.
The building is currently occupied by a diverse mix of regional and national tenants whose services include real estate development, property, casualty and title insurance, logistics, legal, financial and estate planning, home health care, medical, and industrial construction, repair and maintenance.