For Sale
$5,489,000

805 Franklin St Houston, TX 77002

Property Records
Added:
Dec 11, 2024
Days on market:
139

Highlights

  • Fee simple ownership with a long-term ground lease to a 300-space public parking garage.
  • Prime Houston CBD location adjacent to Market Square Park.
  • High-traffic, urban infill site with a 94 Walk Score, ideal for transient parking.
  • Strong daytime population exceeding 400,000 in Houston, the nation's 4th largest city.
  • High-quality, 2017-constructed asset.
  • Stable, long-term income stream significantly below replacement cost.

Property Details for 805 Franklin St

Property type
Specialty properties, Parking lots & garages
Square Feet
142,000 SF
Year Built
2017
Buildings
1
Stories
10
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.76407
Longitude
-95.36139

FAQs

Where is the specialty property located?
The property is located at 805 Franklin St Houston, TX.
What is the asking price?
The asking price for this property is $5,489,000.
What are key features of this property?
This property features: Fee simple ownership with a long-term ground lease to a 300-space public parking garage.; Prime Houston CBD location adjacent to Market Square Park.; High-traffic, urban infill site with a 94 Walk Score, ideal for transient parking.
How can I contact the broker?
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805 Franklin St
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