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800 Tully Rd
Houston, TX 77079 Energy Corridor

$1,795,000 USD

Office For Sale • 16,571 SF

Property Details

Property Type Office
Total Building Size 16,571 SF
Lot Size 0.46 AC
Building Class C
Year Built 1984
Tenancy Multiple
Zoning N/Ap, Houston

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                The building is less than10% leased.Leasing toward the submarket's ~77% occupancy is the single largest value lever and the core of the business plan.
                            
                                In-place base rent ave. ~$11.41/SF (top lease $23/SF) against the $24.53/SF Katy Fwy West asking rent, leaving room to mark rents up as existing lease
                            
                                Entering the market at $108/SF, the property sits far below new-construction cost — a low, defensible entry point in a repricing office market.
                            
                                Urban infill behind Stratford High School, under a mile south of I-10 and minutes from CityCentre, Memorial City, and the Energy Corridor
                            
                                3 of 4 Trane HVAC units have been replaced, reducing near-term capital exposure and focusing value-add spend on cosmetic and common-area upgrades.
                            
                                In the 500-year floodplain (no mandatory flood insurance) and with no municipal zoning, the asset offers flexibility on tenant mix and use

Property Flyers

800 Tully Rd Flyer

Amenities

24 Hour Access
Controlled Access
Outdoor Seating
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
William P Hobby	44 min	-	28.8 mi
George Bush Intcntl/Houston	39 min	-	30.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	38
Type:	Surface
Included in Rent:	Yes

Justin Comber 832-693-5569 Marcus & Millichap

800 Tully Rd Houston, TX 77079 Energy Corridor