Bankruptcy Auction – 4-Story Office Building –
59,625+/- SF Net Rentable Area

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.

4-Story Office Building w/ 59,625 SF of Net Rentable Area on high visibility SW corner lot of Westheimer and Synott.

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

Land Area Gross: .1.5817 AC’s or 68,898 SF +|- of land
59,625 SF of Net Rentable Area
4-Story Office Building built in 1984
Great visibility on the corner of Westheimer Rd and Synott Rd
High Traffic Count with approx. 67,000 cars per day
Tenant Mix with tremendous upside for new owners
Covered parking garage and street level parking
No Zoning
48% Occupancy w/ great ground floor leasable space

IMPORTANT NOTICE REGARDING LEASES, RENT, DEPOSITS & TAXES
All tenant leases are considered executory contracts in the bankruptcy and at the time the bankruptcy case converted from a Chapter 11 to a Chapter 7, the Bankruptcy Trustee (“Trustee”) rejected ALL leases and is not in a position to legally assign the existing leases to the buyer. Therefore, Tenants are to be considered tenants at sufferance and new leases will need to be negotiated
The Trustee is not legally able to transfer any tenant at sufferance security deposits to the buyer
The Trustee may enter into a lease agreement with a new tenant post-bankruptcy petition and those leases and security deposits will be valid and transferable to the buyer
2024 Ad Valorem Taxes will NOT be prorated at closing, but will be the responsibility of the buyer when due and payable
All prior year outstanding taxes and liens will be paid by the seller at closing
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, Southern District of Texas, Case No. #23-34448

Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
5% Buyers Premium and other terms apply
Online bidding ends August 27th at 11:00am CT
Inspection: August 22nd at 12:00pm CT
Property Address: 13111 Westheimer Road, Houston, Texas 77077
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

Absolute Auction – 122+/- Acres Commercial & AG Land

Commercial/Investment Land Sizes:
Total of 6.018 Acres +/- Commercial Development Land
- Lot 2: 1.748 Acres
- Lot 3: 1.258 Acres
- Lot 4: 1.542 Acres
- Lot 6: 1.470 Acres

Features:
• Four Outstanding Commercial Road-Frontage Parcels at Signalized Corner
• Only 2 minutes South of I-44 & Hwy 109 Intersection
• 900+ Residential Homes recently Built across Hwy. W
• Located in the Path of Progress with Great Visibility & Access to Hwy W & Hwy 109
• Graded Commercial Building Sites - Utility Services Available
• Perfect for Owner-User, Build to Suit or Investment Buy & Hold!
• All Access Roads, Curb Cut Entrances & PUD in Place-Numerous Uses
• Buy a single Lot, Several Parcels or the Entire Development at Your Price!
• Existing BP Station Anchor Already in Operation on Lot 5
• Fast Growing Suburb in St. Louis Metro Area - $78,000 household income (2022)
• Partnership Sale & Liquidation of Assets! Everything Sells to the Highest Bidder!

Agricultural Land Tract Sizes:
Total of 116.752 Acres +/- Agricultural Land in 3 Parcels
- Lot 7: 49.942 Acres, Lot 7 includes 2 Common Areas
- Lot 8: 52.31 Acres
- Lot 9: 14.50 Acres

• Highly Productive Agriculture Crop Land
• Predominantly Freeburg Silt Loam, Horsecreek Silt Loam & Gabriel Silt Loam Soil Types
• Currently Leased through end of Season/2024
• Water/Irrigation Available & Hwy W Access to Each Parcel
• Parcels ideally Located to Service the Expanding South Eureka Area
• Future Development Potential for the Savvy Purchaser
• Buy One Tract or Combine to Your Needs at Your Price!
• All Lots are Located in Jefferson County with Low Taxes & Numerous Uses!

Property Description: This outstanding offering of street level Commercial Building Sites and over 116 acres of Prime Agricultural and potential Future Development Land is selling at No Minimum – No Reserve Absolute Auction through Online Only Bidding!

This 122.77+/- Acres is superbly located for immediate development of the remaining four commercial parcels with frontage along busy Hwy. 109 & Hwy. W just south of Eureka, Missouri! The signalized intersection has over 900 new residential homes constructed directly across Hwy. W and is only two minutes from Interstate 44 with nearby access to all of the St. Louis Metropolitan Area.

Investors, Commercial Developers, Brokers, Business Owners and Farmers Take Notice this is a Rare Opportunity to bid on and purchase premier land that is immediately ready for build to suit or owner users in the rapidly growing Eureka and Jefferson County Missouri marketplace! Property will be offered in seven separate parcels with combinations of the commercial tracts and agricultural parcels, Buy One Lot, Several Tracts or the Entire Property!


Tranzon Asset Advisors, Edward Durnil, MO Auctioneer #844 /Vance Luksetich, Broker #2004015243
10% Buyers Premium and other terms apply
Online bidding ends October 16th at 2:00 pm CT
Property Address: Highway 109 & Highway W, Eureka, Missouri 63025
Contact Vance Luksetich at 618-830-9091 or vancel@tranzon.com