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55 Waugh Dr, Houston, TX 77007

Office property offering on-site management, fitness amenities, dining, and secured entry.

Space Size2,704 SF - 18,363 SF
Days on Market179

Property Features for 55 Waugh Dr

General Information

Standard status Active
Size 2,704 SF - 18,363 SF
Class A
Property subtype Office

Building Details

Year Built 1982
Year Renovated 2010
Stories 12

Spaces For Lease

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Available Space

Suite
400 & 425
Size
11,865 SF
Lease Type
NNN
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Available Space

Suite
700
Size
18,363 SF
Lease Type
NNN
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Available Space

Suite
1130
Size
2,704 SF
Lease Type
NNN
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Available Space

Suite
550
Size
2,942 SF
Lease Type
NNN
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Available Space

Suite
12th floor
Size
6,190 SF
Lease Type
NNN
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Available Space

Suite
250
Size
6,822 SF
Lease Type
NNN
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Available Space

Suite
600
Size
7,958 SF
Lease Type
NNN
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Listing Agency: Transwestern - Houston
Listed By: Parker Burkett · License #TX 622176
Source: Transwestern
Added: Mar 7 Changed: Aug 29 Last Checked: Aug 29 at 11:32PM

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 Transwestern - Houston

Investment Insights

Based on property information with market context.

This office property contains 248,457 square feet and was built in 1982. On-site features include controlled access, a security system, a fitness center, a mail room, and a balcony. Banking and restaurant services are also available within the property, supported by on-site management and a dedicated property manager.

The property is located at 55 Waugh Dr in Houston, Texas 77007. Its combination of office units, building services, and on-site amenities supports a managed workplace setting for businesses seeking more than basic office accommodation.

Key Highlights

  • 248,457‑square‑foot office property built in 1982
  • Controlled access and security system
  • Fitness center, mail room, and balcony

Property Analytics

Current Use

FedEx Drop Box Postal Service Sol Arc Inc Business Management Consultant Women Leading Together Consultant Merrick Systems Inc (Bike/Boat/Book/etc) Store Jacqueline Smith Law ... Law Firm

Suggested Use

Top Pick Auto Parts Store HVAC Service Daycare Center Pet Grooming Service Nursing Home Restaurant

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

Location Intelligence

Trade Area within ½ mile

1,812
Businesses Nearby

Demographics for 77007, TX

42,908
Population
26,281
Households
1.6
Avg Household Size
34
Median Age
80%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
5,721
Density / Sq Mi
$140,878
Median Household Income
$92,408
Median Earnings
$1,951
Median Rent
$501,300
Median Home Value

Market

Lease Benchmarks for Houston, TX

$20.78 /SF/Yr
Avg Asking Price
$10–$53 /SF/Yr
Price Range
18,306 SF
Avg Space Size

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office property offering on-site management, fitness amenities, dining, and secured entry.
Where is this office units located?
The property is located at 55 Waugh Dr Houston, TX.
What are key features of this property?
This property features: 248,457‑square‑foot office property built in 1982; Controlled access and security system; Fitness center, mail room, and balcony
More about this property
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