2020 N. Memorial Way — Sale in Houston, TX

  • Price: $4.4M
  • Listing type: For sale
  • Asset type: Office
  • Location: Houston, TX 77007
  • Size: 6,656 SF

Investment Figures

Price per square foot
$654

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

https://my.matterport.com/show/?m=DJfyy9PbjmV&mls=1 2020 N Memorial Way is located at the hard corner of N Memorial Way and Henderson Street right across from Eleanor Tinsley Park. Conveniently located right off Memorial drive, this Property is an ideal LOCATION for any owner user, investor or possible redevelopment. The Property is less than two miles from downtown Houston, with easy access to both I-10 and I-45 and features a unique view of the downtown skyline. 2020 N Memorial Way consists of Two Buildings Totaling ~6,656 sq. ft. (Per HCAD). The main building a is a Single Story Office built in 1935 containing ~5,000 sq. ft. with an added warehouse of ~1,650 sq. ft. for additional rental income or warehouse storage. The office area features high ceilings, central HVAC, natural lighting, fenced parking, covered parking, common area kitchenette, break room, and restrooms. Newly installed 25 KW auto gas fired generator. The seller is also open to offering the space fully furnished. Building SF: 6656 | Land Size: 30496.0 SF | Listing Type: FOR SALE

Market Context

This office in Houston, TX is listed for sale at $4,350,000 across 6,656 SF ($654/SF). It has been on the market for 70 days. Compare it against other office listings for sale in Houston, TX — view the full market.

As of Q4 2025, the Houston office market showed a 10.0% vacancy rate, and cap rates around 9.0%. Source: multiple brokerage reports, Q4 2025.

Office market FAQ

What is the typical cap rate for office in Houston?
About 9.0% as of Q4 2025, per multiple brokerage reports.
Is the Houston office market tightening or softening?
Vacancy is around 10.0% (Q4 2025).

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