Lumicre
Investor Insights

Commercial Property Spotlight: 2611 FM 1960

Located in Prosperity Business Park, 2611 FM 1960 is an eight-building office complex in North Houston.

Within this 3.43-acre office complex are eight Class C Office buildings, 158 on-site surface parking spaces for both tenants and visitors. At the moment, the available spaces range from a single office up to large multiple office spaces with private restrooms and kitchenettes. Square footage varies from building to building. The smallest, Building E has 1,913 SF of office space while the largest Building H has 47,109 SF of space spread out over two floors.

With immediate access to I-45 via FM 1960, this prime office complex is conveniently situated in the Champions/ FM 1960/ I-45 North area. What’s more, this complex is located about 20 miles north of Downtown Houston and less than 15 miles from Houston George Bush Intercontinental Airport.

The Champions/ FM 1960/ I-45 North submarket sits on the Houston’s northwestern edge, on Beltway 8. Overall, this is an affordable submarket. There is over 4.3 millions SF of rentable office space in about 250 office buildings. Currently, vacancy is about 16% and average annual commercial office leasing rates are very affordable – around $16.00 per SF.

Lumicre helps owners market and sell commercial properties across the Texas Triangle — Houston, Dallas–Fort Worth, San Antonio and Austin — to buyers of choice, pursuing superior terms, pricing and surety of close.