713-515-5001
, Houston, TX for Sale
Office - FOR SALE
1/2
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Hercules I & II
Houston, TX
Clear Lake


HIGHLIGHTS

  • Two atrium buildings with skylights in the lobby
  • Beautifully landscaped courtyard setting
  • Large artistic sculpture between buildings
  • Security System
  • Card key access system
  • Ample parking

OVERVIEW

Stabilized investment opportunity • 100% occupied by two Class A office buildings in an attractive office submarket of NASA/Clear Lake. • Hercules II is completely occupied by Axiom Space, Inc., who is building the world’s first commercial space station. JSC/Welby leases 54.12% of Hercules I with a November 2029 lease expiration. The remainder of Hercules I is occupied by a diverse mix of strong tenants. • Strong re-lease potential as indicated by new leases, renewals, and expansions signed for all tenants since June 2019. • Assured cash flow growth through contractual rent increases in all leases. • Recently renovated with $3M in improvements to the lobby, common areas, and outdoor green space.

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Darrell L. BettsAvison YoungMore Info
713-515-5001

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Darrell L. BettsAvison YoungMore Info
713-515-5001

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