Ground-Leased Surface Parking
For Sale
Contact for pricing
Pending
2508 Bartlett St, Houston, TX 77098
A leased parking asset serving Armadillo Palace and Goode Co Events/Catering in an affluent urban setting.
Property SizeContact for details
Lot Size0.46 Acres
Days on Market130
Property Features for 2508 Bartlett St
General Information
Standard status
Pending
Total Parking Spaces
50
Lot size
0.46 Acres
Property subtype
Land, Retail
Net Operating Income
$230,496
Building Details
Tenancy
Single
Listing Agency:
JLL - Houston, Texas
(713) 243-3313
Listed By:
Pierce Owens · License #TX 0510337
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 7:25PM
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.
This 0.46-acre surface parking property includes approximately 50 spaces and supports access to Armadillo Palace and Goode Co Events/Catering. The ground lease is held by Goode-Cook, Inc., operating as Goode Co - Armadillo Palace, and runs through 2/28/2031. Lease terms include annual 2% rent increases and an absolute NNN structure with no landlord responsibilities.
The property is located at 2508 Bartlett St in Houston, near Kirby Drive and within the City of West University Place. The surrounding area includes Rice University, the Texas Medical Center, and several neighboring Goode Co establishments, including Goode Co. BBQ, Goode Co. Taqueria, and Goode Co. Seafood. The adjacent Armadillo Palace opened in 2007 and features dining, entertainment, outdoor patio space, and live music events.
The property is located at 2508 Bartlett St in Houston, near Kirby Drive and within the City of West University Place. The surrounding area includes Rice University, the Texas Medical Center, and several neighboring Goode Co establishments, including Goode Co. BBQ, Goode Co. Taqueria, and Goode Co. Seafood. The adjacent Armadillo Palace opened in 2007 and features dining, entertainment, outdoor patio space, and live music events.
Key Highlights
- 0.46‑acre surface parking lot with +/-50 spaces
- Ground lease to Goode‑Cook, Inc. for Goode Co - Armadillo Palace
- Lease expires 2/28/2031 with 2% annual rent increases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,171
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77098, TX
15,717
Population
10,181
Households
1.5
Avg Household Size
36
Median Age
81%
College-Educated
99%
High-School Grad
1.8 sq mi
ZIP Area
8,732
Density / Sq Mi
$115,867
Median Household Income
$83,401
Median Earnings
$1,854
Median Rent
$777,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - A leased parking asset serving Armadillo Palace and Goode Co Events/Catering in an affluent urban setting.
Where is this parking lot & garage located?
The property is located at 2508 Bartlett St Houston, TX.
What are key features of this property?
This property features: 0.46‑acre surface parking lot with +/-50 spaces; Ground lease to Goode‑Cook, Inc. for Goode Co - Armadillo Palace; Lease expires 2/28/2031 with 2% annual rent increases
