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Galleria Area Office Space Available
For Lease
$23.50 SF/Yr

5151 San Felipe Street, Houston, TX 77056

Office space with upscale amenities in the Galleria submarket.

Space SizeContact for details
Property Size267,576 SF
Days on Market261

Property Features for 5151 San Felipe Street

General Information

Standard status Active
Size 267,576 SF
Property subtype Office
Lease Type Direct
Listing Agency:
Listed By: John Spafford
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 9 at 2:06PM

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 John Spafford

Investment Insights

Based on property information with market context.

This office space is located in the Galleria submarket. The property features a newly renovated hotel-style lobby and an upscale tenant lounge equipped with charging stations. A full-scale coffee bar and an energizing fitness center are available for tenants. The building includes an 85-person auditorium with state-of-the-art AV equipment. Outdoor seating is provided in a lounge area. Additional services include a car butler detail service and a temperature-controlled walkway connecting the lobby to the garage. Shoeshine service is available. The property has key card access and is LEED Silver certified. Numerous dining and shopping options are within walking distance. The property size is 267,576 square feet.

Key Highlights

  • Coveted location in the heart of the Galleria submarket
  • Brand new hotel style lobby
  • Upscale tenant lounge equipped with charging stations

Property Analytics

Current Use

Goodman Manufacturing Company, ... HVAC Service Randall C Sutton ... Financial Advisor Uptown Diamond (Bike/Boat/Book/etc) Store Hong Chai MD Physician Walling Vernon MD Physician

Suggested Use

Top Pick Garden Center Auto Parts Store Storage Facility Grocery & Convenience Store Wine and Liquor Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,657
Businesses Nearby

Demographics for 77056, TX

24,115
Population
15,347
Households
1.6
Avg Household Size
40
Median Age
73%
College-Educated
98%
High-School Grad
3.5 sq mi
ZIP Area
6,890
Density / Sq Mi
$101,932
Median Household Income
$68,626
Median Earnings
$1,855
Median Rent
$807,300
Median Home Value

Market

Lease Benchmarks for Houston, TX

$19.48 /SF/Yr
Avg Asking Price
$1.93–$28 /SF/Yr
Price Range
80,250 SF
Avg Space Size

This space is priced 21% above the average of $19.48 /SF/Yr.

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office space with upscale amenities in the Galleria submarket.
Where is this office building located?
The property is located at 5151 San Felipe Street Houston, TX.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: Coveted location in the heart of the Galleria submarket; Brand new hotel style lobby; Upscale tenant lounge equipped with charging stations
More about this property
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