Map of Property

12000 Aerospace

For Sale

12000 Aerospace Ave., Houston, TX 77034

This Houston property for sale is located at 12000 Aerospace Ave.. The general use of 12000 Aerospace is office and it incorporates 79,783 square feet of class B office space. The current listed sale price for 12000 Aerospace is Submit Offer. 12000 Aerospace is situated on a lot that is 8.09 acre in size.

Contacts

broker

Darrell L. Betts

Avison Young

(713) 993-7704

Property Details

  • Property Type Office - General Office
  • Property Size 79,783 SF
  • Lot Size 8.09 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1990
  • Date Updated Mar 22, 2024
Located adjacent to Ellington Field, along Aerospace Avenue within walking distance to Lone Star Flight Museum. Immediate access to Highway 3 (Old Galveston Road) and minutes from Interstate 45 (Gulf Freeway), Beltway 8 and Highway 225. Conveniently located in the heart of the NASA/Clear Lake submarket with close proximity to Galveston, downtown Houston and Hobby Airport. Unique location offers accessibility to Johnson Space Center, University of Houston – Clear Lake and the Kemah Boardwalk. Ideally positioned near numerous shopping, dining, hotel and recreational establishments throughout the thriving Clear Lake area.STABILIZED INVESTMENT OPPORTUNITY Currently 97.2% leased by eight tenants with a remaining weighted average lease term of +/- 2.70 years. Strong lease-up potential as indicated by new leases, renewals, and/or expansions signed for all tenants since 2018. Assured cash flow growth through $0.50 PSF contractual rent increases in all leases. The largest tenant, Orion Marine Group, continues to grow into the building, expanding as recently as 2020. Significant capital improvements of over $590,000 completed since 2017, including a roof replacement in 2020.

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Attachments

Getting around

  • 27/100

    Walk Score ®

  • 37/100

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Location

  • City Houston, TX
  • Neighborhood South Belt - Ellington
  • Zip Code 77034
  • Market Houston

Points of Interest

  • Shell

    1.49 miles

  • Shell

    1.85 miles

  • Valero

    1.90 miles

  • Valero

    2.66 miles

  • H-E-B Fuel

    3.01 miles

  • El Dorado Food Mart

    3.41 miles

  • Valero

    3.45 miles

  • Shell

    3.46 miles

  • Shell

    3.55 miles

  • H-E-B Fuel

    3.69 miles

  • South Point Park & Ride

    2.21 miles

  • Fuqua Park & Ride

    2.58 miles

  • El Dorado Park & Ride

    3.80 miles

  • Armand Walking Trail Parking

    4.30 miles

  • Lot J

    4.52 miles

  • Bay Area Park and Ride

    4.53 miles

  • Lot G

    4.58 miles

  • Lot B

    4.68 miles

  • Lot R

    4.69 miles

  • Lot A

    4.73 miles

  • Studio 6 Houston, TX - Hobby South

    2.53 miles

  • Hampton Inn & Suites Houston/Pasadena

    2.69 miles

  • Residence Inn by Marriott Houston Pasadena

    2.73 miles

  • Clearlake Extended Stay Hotel

    2.79 miles

  • Amy and Alans

    3.63 miles

  • Island Suites

    3.82 miles

  • Fairfield Inn & Suites

    3.87 miles

  • Super 8 by Wyndham Pasadena

    4.01 miles

  • Super 8 by Wyndham Houston Hobby Airport South

    4.04 miles

  • Hilton Garden Inn

    4.43 miles

  • CGX

    0.32 miles

  • Kroger

    2.41 miles

  • Food Town

    2.50 miles

  • Hong Kong Market

    2.54 miles

  • Clear Lake Marketplace H-E-B

    2.89 miles

  • Raj Grocers

    3.05 miles

  • Ross

    3.20 miles

  • Walmart Supercenter

    3.23 miles

  • Aldi

    3.35 miles

  • Burlington

    3.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Darrell L. Betts

Avison Young

(713) 993-7704