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12653 Memorial Dr

2,000 SF of Retail Space Available in Houston, TX 77024

Highlights

  • Currently built out for professional services.
  • Corner location with easy parking for clients.
  • Excellent natural lighting wth large windows at the entrance.
  • Join other local tenants in this escellent Memorial Drive location.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,000 SF
  • Negotiable
  • $27.00 /SF/YR $2.25 /SF/MO $54,000 /YR $4,500 /MO
  • Full Service
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

We are looking for Pet Grooming, Cake bakery or Flower shop

  • Rate includes utilities, building services and property expenses
  • Partially Built-Out as Professional Services Office
Space Size Term Rental Rate Rent Type
1st Floor 2,000 SF Negotiable $27.00 /SF/YR $2.25 /SF/MO $54,000 /YR $4,500 /MO Full Service

1st Floor

Size
2,000 SF
Term
Negotiable
Rental Rate
$27.00 /SF/YR $2.25 /SF/MO $54,000 /YR $4,500 /MO
Rent Type
Full Service
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

We are looking for Pet Grooming, Cake bakery or Flower shop

  • Rate includes utilities, building services and property expenses
  • Partially Built-Out as Professional Services Office

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 12653 Memorial Dr , Houston, TX 77024

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 6,712 SF
Year Built 2000

About the Property

Located at 12653 Memorial Drive is this 6,712 square foot retail building that was built in 2000. Located one mile from the City Centre Mall this property is situated nearby major retailers and high traffic.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
16,236
159,956
445,807
603,866
2029 Population
16,645
164,616
457,177
618,088
2024-2029 Projected Population Growth
2.5%
2.9%
2.6%
2.4%
Median Age
39.8
37.3
36.8
36.3
College Degree + Higher
73%
50%
43%
25%
Daytime Employees
8,199
127,801
282,239
426,184
Total Businesses
964
13,204
32,107
49,461
Average Household Income
$148,684
$102,140
$90,683
$84,955
Median Household Income
$111,715
$65,863
$57,426
$53,774
Total Consumer Spending
$255.5M
$2B
$5.2B
$6.5B
2024 Households
6,434
67,210
184,847
239,295
Average Home Value
$709,491
$555,923
$487,439
$449,038

Nearby Major Retailers

Prosperity Bank
PNC Bank
Starbucks
Bank Of Texas
Chase Bank
Randalls
CAVA
MidFirst Bank
Orangetheory Fitness
Jazzercise
  • Listing ID: 32557567

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 12653 Memorial Dr, Houston, TX 77024

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