Multi-Tenant Office
New
For Sale
$1,795,000
800 Tully Rd, Houston, TX 77079
Two-story professional office property with controlled access, rooftop HVAC, elevator service, and a mix of on-site and leased parking.
Property Size16,571 SF
Lot Size0.46 Acres
Price / SF$108.32
Days on Market2
Property Features for 800 Tully Rd
General Information
Standard status
Active
Size
16,571 SF
Class
Class B
Total Parking Spaces
54
Elevators
Yes
Lot size
0.46 Acres
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
controlled access
Substantial Lease-Up Runway. The building is <10% leased. Leasing toward the submarket's ~77% occupancy is the single largest value lever and the core of the business plan.
Below-Market In-Place Rents. In-place base rent averages ~$11.41/SF (top lease $23/SF) against the $24.53/SF Katy Freeway West asking rent, leaving room to mark rents up as existing leases roll.
Basis Well Below Replacement. Entering the market at $108/SF, the property sits far below new-construction cost — a low, defensible entry point in a repricing office market.
Irreplaceable Location. Urban infill behind Stratford High School, under a mile south of I-10 and minutes from CityCentre, Memorial City, and the Energy Corridor — access and visibility that are difficult to replicate.
Owner-User Ready. Full-building availability and flexible ±198–4,485 SF suites make this an ideal owner-user play — occupy one suite, lease the rest, and finance with as little as 10% down via SBA 504/7(a).
Major Systems Addressed. Three of the four rooftop Trane HVAC units have been replaced, reducing near-term capital exposure and focusing value-add spend on cosmetic and common-area upgrades.
Flood & Zoning Advantages. In the 500-year floodplain (no mandatory flood insurance) and with no municipal zoning, the asset offers flexibility on tenant mix and use — while nearby multifamily and mixed-use investment supports long-term land value.
Building Details
Building Size
16,571 SF
Year Built
1984
Buildings
1
Stories
2
Construction
steel
Tenancy
Multi
Listing Agency:
Houston Office
Listed By:
Justin Comber · License #License(s): TX: 809898
(713) 452-4358
Source:
Marcusmillichap
Added: Sep 4
Last Checked: Sep 4 at 2:26PM
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 Houston Office
Investment Insights
Based on property information with market context.
This two-story, multi-tenant office building contains ±16,571 SF on an urban infill parcel measuring approximately ±0.46 acres. Constructed with steel in 1984, the Class B property has efficient ±8,725 SF floor plates, a passenger elevator, controlled access, and air conditioning provided by four Trane rooftop units. Current occupancy is below 10%, with five small tenant leases in place and more than 90% of the building available. The property can accommodate an owner-user while retaining additional office space for tenants.
The site is directly behind Stratford High School and less than one mile south of Interstate 10 in Houston’s Katy Freeway West submarket. Parking totals approximately ±54 spaces, including 21 on site and 33 leased from an adjacent garage; the garage allocation includes 16 covered and 17 uncovered spaces. The property is outside the 100-year Special Flood Hazard Area and mapped within the 500-year floodplain.
The site is directly behind Stratford High School and less than one mile south of Interstate 10 in Houston’s Katy Freeway West submarket. Parking totals approximately ±54 spaces, including 21 on site and 33 leased from an adjacent garage; the garage allocation includes 16 covered and 17 uncovered spaces. The property is outside the 100-year Special Flood Hazard Area and mapped within the 500-year floodplain.
Key Highlights
- ±16,571 SF, two‑story Class B office building constructed in 1984
- ±0.46‑acre urban infill parcel with ±20,038 SF of land area
- ±8,725 SF floor plates with a passenger elevator and controlled access
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,438
Businesses Nearby
Explore this area
Business Placement
Demographics for 77079, TX
36,404
Population
16,215
Households
2.2
Avg Household Size
36
Median Age
68%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
4,728
Density / Sq Mi
$103,089
Median Household Income
$61,683
Median Earnings
$1,620
Median Rent
$636,100
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-story professional office property with controlled access, rooftop HVAC, elevator service, and a mix of on-site and leased parking.
Where is this office building located?
The property is located at 800 Tully Rd Houston, TX.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: ±16,571 SF, two‑story Class B office building constructed in 1984; ±0.46‑acre urban infill parcel with ±20,038 SF of land area; ±8,725 SF floor plates with a passenger elevator and controlled access
