Savoy Tower

Office for Sale
Catylist Listing ID: 30209014
Building Size (RSF): 124,907 SF
Gross Land Area: 3.04 Acres
Sale Price: See Agent
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/3/2018

Overview / Comments

6001 Savoy is a six-story, Class B multi-tenant office building withapproximately 122,010 square feet of gross rentable area positionedin the Regency Square Office Park in the Southwest submarket onan approximately 3.04 acre parcel.6001 Savoy is currently 98% occupied including Charming Charliewho occupies 35% of the building. This asset has tremendous upsidepotential through contractual rent increases and the renewal of inplace tenants who are currently well below market rates.The Property is ideally situated in the Southwest submarket justminutes from the Uptown-Galleria/West Loop area and theWestchase District. 6001 Savoy is located near the WestwoodCountry Club and is surrounded by numerous hotel, retail and diningestablishments.6001 Savoy offers direct access to the U.S. Highway 59 (SouthwestFreeway) via Savoy Drive and is easily accessed by nearly all ofHouston’s major highway systems including: Sam Houston Tollway(Beltway 8), Westpark Tollway, Loop 610 and Interstate 10 (KatyFreeway).Built in 1978 & renovated in 2015, the 6001 Savoy office building issuited for tenants seeking a professional office environment withlower rental rates and exceptional amenities including: an on-sitemanagement, video surveillance security system, covered parking,card key access, on-site deli and manicured landscaping.

Additional Details

Nearest MSA: Houston-The Woodlands-Sugar Land
County: Harris
Tax ID/APN: 1048490000009
Total Number of Buildings: 1
Year Built: 1978

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 37,984 280,720 600,656
Median Age: 28.79 33.22 34.89
Households: 12,910 114,769 244,945


Photograph of Listing Agent

Ryan Young

Lee & Associates CommGate Member
Photograph of Listing Agent

Robert LaCoure

Lee & Associates Not a member of CommGate
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