Lone Star Place$30.71 – $37.39/SF/yr FS
2998 S Padre Island Dr
6,400 SF of Office space available at 2998 S Padre Island Dr, Houston, TX 77046. For Lease through Pinnacle CRE.
For LeaseStatus
6,400 SFAvailable
$25.47/SFAsking rent
1992Year built
CClass
Property facts
| Property type | Office |
|---|---|
| Building class | C |
| Rentable area | 249,400 SF |
| Available | 6,400 SF |
| Stories | 8 |
| Year built | 1992 |
| Renovated | 2023 |
| Typical floor | 31,175 SF |
| Lot size | 3.47 acres |
| Parking ratio | 3.9/1,000 SF |
| Occupancy | 97.4% |
| Zoning | CBD |
| Parcel ID | 49-457-4369 |
| Submarket | Greenway Plaza |
| Market | Houston |
| Days on market | 593 |
| Walk Score | 94 |
| Transit | Amtrak 6 min |
| Listing package | Silver |
Building amenities
Restaurant, Roof Terrace
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 7th | Coworking | Direct | 6,400 | $24.98/SF | Thru Oct 2029 | 30 Days |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Westfall Legal | Real Estate | 1 | 41,730 | 2027-10-01 |
| Longhorn Data Systems | Logistics | 5 | 20,240 | 2023-03-01 |
| Umber Architecture | Retail | 5 | 27,950 | 2025-07-01 |
| Alamo Federal Services | Engineering | 1 | 15,280 | 2023-12-01 |
| Fulcrum Consulting | Real Estate | 7 | 48,320 | 2026-05-01 |
| Juno Software | Retail | 1 | 15,540 | 2031-05-01 |
| Delta Health Partners | Non-Profit | 1 | 16,750 | 2031-02-01 |
| Trinity Freight | Legal | 6 | 50,170 | 2028-08-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2022-04-05 | $24.14M | $96.78 | 8.00% | Vantage Point Capital | Pemberton Capital |
| 2018-12-24 | $12.54M | $50.28 | 8.59% | Redwood Property Trust | Pemberton Capital |
Public record
| Owner of record | Gulf Coast Realty Partners |
|---|---|
| Assessed value | $33.77M |
| Land value | $9.38M |
| Improvement value | $24.39M |
| Annual tax | $598K |
| Tax year | 2026 |
| Lot size | 151,153 SF |
| Last deed | 2020-10-07 |
| Deed type | Grant Deed |
| Legal description | LOT 2 BLK 359 GREENWAY PLAZA ADDN |
Location
2998 S Padre Island Dr
Houston, TX 77046
Greenway Plaza submarket · Houston market
29.73331, -95.42953
Open in RealStarListing package
Silver — Priority placement above all free listings.
Priority placement above every free listing, expanded photo set, full space-by-space availability table and a monthly performance report.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.