Downtown Houston Retail/Office
For Lease
Contact for pricing
421 Fannin, Houston, TX 77002
Two-story retail/office building in Houston's Historic Downtown.
Space Size10,000 SF
Property Size20,000 SF
Days on Market2855
Property Features for 421 Fannin
General Information
Standard status
Active
Size
10,000 SF
Class
B
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Building Size
20,000 SF
Tenancy
Multiple
Spaces For Lease
at 421 Fannin Contact us- Size
- 10,000 SF
- Availability
- Active
1st Floor
- Size
- 10,000 SF
- Availability
- Active
2nd Floor
Listing Agency:
Greenberg & Company
Listed By:
David Greenberg · License #TX 236747
(713) 778-0900
Source:
Crexi
Added: Nov 14, 2018
Changed: Sep 5
Last Checked: Sep 8 at 6:47AM
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 Greenberg & Company
Investment Insights
Based on property information with market context.
This two-story building offers retail and office spaces, featuring framed windows that provide high visibility along Fannin Street. Located in Houston's Historic Downtown between Prairie Street and Preston, the property is situated in the city’s original town center. The building is near Minute Maid Park, George R. Brown Convention Center, the Toyota Center, Jones Hall, Harris County courts complex, professional offices, and the University of Houston Downtown. It offers immediate access to I-69 East, I-45 South and West, and I-10 North. The location also provides access to the METRORail, which runs from the University of Houston to Reliant Park. The exterior of the building was renovated in 2006.
Key Highlights
- High‑visibility office/retail space due to framed windows along Fannin Street.
- Prime location in Houston's Historic Downtown District.
- Immediate access to I‑69 East, I‑45 South and West, and I‑10 North.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
10,149
Businesses Nearby
Explore this area
Business Placement
Demographics for 77002, TX
19,844
Population
8,960
Households
2.2
Avg Household Size
34
Median Age
37%
College-Educated
86%
High-School Grad
2.0 sq mi
ZIP Area
9,922
Density / Sq Mi
$85,436
Median Household Income
$54,755
Median Earnings
$1,860
Median Rent
$286,100
Median Home Value
Market
Lease Benchmarks for Houston, TX
$24.71 /SF/Yr
Avg Asking Price
$2.15–$50 /SF/Yr
Price Range
13,196 SF
Avg Space Size
This space is priced 39% below the average of $24.71 /SF/Yr.
Vacancy Rate% for Office in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two-story retail/office building in Houston's Historic Downtown.
Where is this retail space located?
The property is located at 421 Fannin Houston, TX.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: High‑visibility office/retail space due to framed windows along Fannin Street.; Prime location in Houston's Historic Downtown District.; Immediate access to I‑69 East, I‑45 South and West, and I‑10 North.
