713-744-7463
940 Gemini St, Houston, TX for Sale
Office - FOR SALE
1/5
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940 Gemini St
Houston, TX 77058
Clear Lake


HIGHLIGHTS

  • Boutique, 38% occupied office building in Clear Lake delivering immediate cash flow and strong upside to occupy or lease remaining vacancies.
  • First floor provides 4,760 SF of vacant, move-in-ready space, defined by large windows and a mix of private and collaborative office spaces.
  • Positioned on a 0.54-acre hard-corner lot with 32 parking spaces, mature landscaping, and signage visible to over 6,700 daily vehicles.
  • Recent upgrades include full electrical panel replacements in 2024 and elastopolymer roof resealing/flashing completed in 2016.
  • Strategic location offers direct routes to Downtown Houston (23 miles), Hobby Airport (14 miles), and Galveston (30 miles) via nearby Interstate 45.
  • NASA/Clear Lake Office Submarket demonstrates stability, with a 10.2% vacancy rate and $18 million in office transactions recorded last year.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Modern Office | 38% Occupied NN

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,305 SF

ZONING

None

APN/PARCEL ID

0963040010001

ASK ABOUT THIS PROPERTY

Bill InsullLee & AssociatesMore Info
713-744-7463

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Bill InsullLee & AssociatesMore Info
713-744-7463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.