Map of Property

Hercules I & II

For Sale

1300 & 1290 Hercules Ave. Houston, TX, Houston, TX 77058

This Houston property for sale is located at 1300 & 1290 Hercules Ave. Houston, TX. The general use of Hercules I & II is office and it incorporates 127,625 square feet of class A office space. The current listed sale price for Hercules I & II is Submit Offer. Hercules I & II is situated on a lot that is 8.68 acre in size.

Contacts

broker

Darrell L. Betts

Avison Young

(713) 993-7704

Property Details

  • Property Type Office - General Office
  • Property Size 127,625 SF
  • Lot Size 8.68 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1985
  • Year Renovated 2021
  • Date Updated Apr 3, 2024
Excellent Southeast Houston location Ideal location along Hercules Ave., adjacent to the Johnson Space Center. Surrounded by multiple large Clear Lake institutions like NASA Johnson Space Center, the University of Houston, and HCA Houston Healthcare. Convenient access to Interstate 45 (Gulf Freeway) and other major Clear Lake area arteries including Bay Area Blvd., El Camino Real and NASA Parkway (NASA Rd. 1). Within 30 minutes to Galveston, 20 minutes of Hobby Airport and just 25 minutes south of Houston’s Central Business District.Buildings Amenities 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 Stabilized investment opportunity • 95% 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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Attachments

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Location

  • City Houston, TX
  • Neighborhood Clear Lake
  • Zip Code 77058
  • Market Houston

Points of Interest

  • Chevron

    0.22 miles

  • Valero

    0.49 miles

  • Exxon

    0.73 miles

  • EV Charging

    0.87 miles

  • Valero

    1.10 miles

  • Exxon

    1.13 miles

  • Shell

    1.23 miles

  • Shell

    1.30 miles

  • Valero

    1.35 miles

  • Shell

    1.63 miles

  • Bay Area Park and Ride

    0.82 miles

  • Visitor Parking

    0.94 miles

  • Lot J

    1.47 miles

  • Lot G

    1.56 miles

  • Lot R

    1.87 miles

  • Lot A

    1.87 miles

  • Lot C

    1.95 miles

  • Lot B

    2.02 miles

  • Lot D

    2.11 miles

  • El Dorado Park & Ride

    2.89 miles

  • TownePlace Suites Houston Clear Lake

    0.43 miles

  • Sonesta ES Suites Houston - NASA Clear Lake

    0.97 miles

  • Extended Stay America Houston

    1.02 miles

  • Microtel Inn & Suites by Wyndham Houston

    1.07 miles

  • Homewood Suites by Hilton Houston Clear Lake NASA

    1.13 miles

  • Courtyard by Marriott Houston NASA/Clear Lake

    1.29 miles

  • Amy and Alans

    1.37 miles

  • Intown Suites

    1.50 miles

  • Hampton

    1.58 miles

  • Comfort Suites Near Nasa - Clear Lake

    1.62 miles

  • Clear Lake Market H-E-B

    0.43 miles

  • Aldi

    0.59 miles

  • Kroger

    0.85 miles

  • Kroger

    1.58 miles

  • Food Town

    1.78 miles

  • Marshal's

    2.02 miles

  • Raj Grocers

    2.14 miles

  • Big Lots

    2.24 miles

  • H-E-B

    2.29 miles

  • Baybrook Mall

    2.44 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