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12002 Southwest Fwy
30,000 - 119,768 SF of Retail Space Available in Meadows Place, TX 77477
Highlights
- 12002 Southwest Freeway is a 158,379-square-foot facility situated on 8.81 acres with six loading docks and ample parking.
- Positioned seven minutes away from Sugar Land, which was ranked among the top 10 fastest-growing cities in the US for 2022.
- Average household income of $74,448 contributes to $4 billion in annual consumer spending within a 5-mile radius.
- Excellent highway visibility along Interstate 69 with traffic counts in excess of 200,000 vehicles per day.
- Population within a 5-mile radius is projected to expand by nearly 10% within the next five years.
- Available for sale or lease.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 30,000-119,768 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $139.93 /m²/YR $11.66 /m²/MO $129,749 /MO $1,556,984 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 12002 Southwest Fwy , Meadows Place, TX 77477
| Min. Divisible | 30,000 SF | Gross Leasable Area | 153,583 SF |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Freestanding | Parking Ratio | 6.51/1,000 SF |
| Min. Divisible | 30,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 153,583 SF |
| Year Built | 1993 |
| Parking Ratio | 6.51/1,000 SF |
About the Property
Seize the moment and enter the flourishing Southwest Houston market with this sale or lease opportunity along Interstate 69. The 158,379-square-foot building is located at 12002 Southwest Freeway and receives exposure from more than 200,000 vehicles per day. It is ideal for showroom/destination retail or even flex services, with six loading docks and an abundance of parking spaces. The flexible retail building is situated within a brimming thoroughfare of highly desirable shopping destinations, such as The Fountains, which sits on the same side of the freeway, forming a synergetic community. Southwest Houston is an ideal location for any client-facing organization as it has seen some of the fastest growth in Texas and has garnered attention from national players for its rapid expansion. The household growth rate from 2010 to 2022 is projected to double through 2027 within a 3-mile radius. In addition, nearby Sugar Land was ranked among the top 10 fastest-growing cities in 2022. Within a 10-mile radius, there is nearly $16 billion in annual consumer spending, and that figure is expected to edge toward $19 billion by 2027. Get in touch.
- Freeway Visibility
- Signage
DEMOGRAPHICS
Demographics
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Avenida Brazil | American | $ | 2 min walk |
| Jack In The Box | - | - | 9 min walk |
| Sonic Drive-In | Fast Food | - | 9 min walk |
| La Fogota Columbian Restaurant | Latin American | $$ | 11 min walk |
| In-N-Out Burger | - | - | 12 min walk |
| Chipotle Mexican Grill | - | - | 13 min walk |
| Torchy's Tacos | Mexican | - | 12 min walk |
Retail |
||
|---|---|---|
| Northern Tool + Equipment | Hardware | 6 min walk |
| Chase | Bank | 12 min walk |
| Great Clips | Salon/Barber/Spa | 13 min walk |
| Skechers | Shoes | 13 min walk |
| Sam's Club | Wholesale Club | 13 min walk |
| The UPS Store | Business/Copy/Postal Services | 12 min walk |
Hotels |
|
|---|---|
| Holiday Inn Express |
93 rooms
3 min drive
|
| Homewood Suites by Hilton |
78 rooms
3 min drive
|
| Residence Inn |
78 rooms
3 min drive
|
Leasing Team
Leasing Team
Farid Chatur, Owner
-
Farid Chatur -
Daniel Myers -
APEX Realtors
Presented by
12002 Southwest Fwy
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