Description

1001 McKinney Street offers a rare investment opportunity within Houston’s dynamic Central Business District, combining historic significance with modern office functionality. The 24-story, 375,440-square-foot office tower, originally constructed in 1947, is recognized on the National Register of Historic Places and was honored as the International BOMA Historical Office Building of the Year. The property seamlessly blends timeless architectural character with contemporary efficiency, further distinguished by its LEED Gold and Energy Star certifications that reflect a strong commitment to sustainability and operational excellence. Tenants benefit from premium conveniences including an on-site parking garage, direct tunnel connectivity, and dual entrances on both Main and McKinney Streets. The building features an extensive amenity package highlighted by high-speed elevators, advanced HVAC systems, fiber-optic connectivity throughout, full-service banking, conference facilities, a bike room with showers, 24/7 security, a modern fitness center, and an upscale tenant lounge. Since 2018, ownership has invested more than $16 million in capital improvements, including a renovated lobby, upgraded restrooms, modernized elevators, and newly developed fitness and lounge spaces, significantly enhancing the tenant experience while preserving the building’s historic charm. Currently 76.6% leased, the property is occupied by a diverse roster of respected tenants including law firms, energy companies, architecture firms, and retail operators, with approximately 65% of leases either renewed or newly executed since 2021. Additional upside potential exists through leasing remaining vacancy and accommodating future tenant expansions. Positioned in the heart of Houston’s Central Business District, the property provides immediate access to premier city amenities including the Theater District, Toyota Center, Minute Maid Park, acclaimed dining destinations, major transportation corridors, and public transit. The location also places tenants near leading financial institutions, corporate headquarters, luxury hotels, and Houston’s expanding commercial sectors, making the asset an attractive long-term investment opportunity offering stable income, future growth potential, and enduring value in one of the nation’s fastest-growing metropolitan markets.