Class B Office and Medical
For Sale
Contact for pricing
Pending
2950 S Gessner, Houston, TX 77042
Two Class B office/medical buildings totaling 123,010 SF are 92.1% leased across 7.67 acres.
Property Size123,010 SF
Lot Size7.67 Acres
Days on Market143
Property Features for 2950 S Gessner
General Information
Standard status
Pending
Size
123,010 SF
Class
B
Lot size
7.67 Acres
Property subtype
Office
Occupancy
92%
Additional Details
Highway Access
Yes
Listing Agency:
JLL - Houston, Texas
(713) 852-3431
Listed By:
Trent Agnew · License #TX 574897
Source:
Crexi
Added: Apr 10
Changed: Aug 23
Last Checked: Aug 29 at 12:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Houston, Texas
Investment Insights
Based on property information with market context.
2950 and 3030 South Gessner Road present two Class B office/medical office buildings in the Westchase submarket of Houston, totaling 123,010 square feet on approximately 7.67 acres. The property is 92.1% leased, with a weighted average remaining lease term of 4.2 years.
The buildings offer exceptional access to Beltway 8, Westheimer Road, and Richmond Avenue. The offering includes continued contractual growth through rent increases, along with upside opportunities tied to leasing the remaining vacancy and performing lobby and common area renovations.
This is a straightforward acquisition for investors seeking ownership of two stabilized, income-producing office assets within a well-connected corridor.
The buildings offer exceptional access to Beltway 8, Westheimer Road, and Richmond Avenue. The offering includes continued contractual growth through rent increases, along with upside opportunities tied to leasing the remaining vacancy and performing lobby and common area renovations.
This is a straightforward acquisition for investors seeking ownership of two stabilized, income-producing office assets within a well-connected corridor.
Key Highlights
- Two Class B office/medical buildings totaling 123,010 SF
- Property sits on approximately 7.67 acres
- Currently 92.1% leased with a weighted average remaining lease term of 4.2 years
Property Analytics
Property Profile
Current Use
Lease Details
92.1%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,077
Businesses Nearby
Explore this area
Business Placement
Demographics for 77042, TX
41,177
Population
21,252
Households
1.9
Avg Household Size
34
Median Age
44%
College-Educated
89%
High-School Grad
6.2 sq mi
ZIP Area
6,641
Density / Sq Mi
$57,745
Median Household Income
$40,687
Median Earnings
$1,287
Median Rent
$371,300
Median Home Value
Market
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two Class B office/medical buildings totaling 123,010 SF are 92.1% leased across 7.67 acres.
Where is this office building located?
The property is located at 2950 S Gessner Houston, TX.
What are key features of this property?
This property features: Two Class B office/medical buildings totaling 123,010 SF; Property sits on approximately 7.67 acres; Currently 92.1% leased with a weighted average remaining lease term of 4.2 years
