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Now Offering $15 T.I. Allowance 427 Market St
1,000 - 10,500 SF of Retail Space Available in Galveston, TX 77550
Highlights
- New build with TI Allowance
- Excellent elevation with no prior flooding
- End cap available with optional drive-thru
- Adjacent to UTMB Hospitals and Campus
- Ample off-street parking
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-4,000 SF | 5-10 Years | $30.00 /SF/YR $2.50 /SF/MO $322.92 /m²/YR $26.91 /m²/MO $10,000 /MO $120,000 /YR | Triple Net (NNN) | ||
| 1st Floor | 1,100-6,500 SF | 5-10 Years | $30.00 /SF/YR $2.50 /SF/MO $322.92 /m²/YR $26.91 /m²/MO $16,250 /MO $195,000 /YR | Triple Net (NNN) |
1st Floor
TI's negotiable
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
1st Floor
TI's negotiable
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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.
SELECT TENANTS AT Now Offering $15 T.I. Allowance
- Tenant
- Description
- US Locations
- Reach
- Suki Poke By The Sea
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Suki Poke By The Sea | Restaurant | 1 | - |
PROPERTY FACTS FOR 427 Market St , Galveston, TX 77550
About the Property
Now offering up to $15.00/ Square foot Tenant Improvement Allowance for new tenants. This project is across the street from the UTMB (University Texas Medical Branch) 86 acre campus. Note exhibits showing walk times 5,10, and 15 minutes from our project. NOTE: Total employees in 15 minute walk time 20,931! This site is: LOCATION, LOCATION, LOCATION! THIS PROPERTY DID NOT HAVE ANY FLOOD DAMAGE, OR DAMAGE IN HURRICANE HARVEY! LEASING HAS STARTED. UTMB is celebrating 125 years in Galveston, the first medical school in Texas. High points: $300,000,000.00 in business volume, $310,000,000.00 in personal income, and 10,000 jobs on Galveston Island. Please click on links for additional information on UTMB, City of Galveston, Galveston
- 24 Hour Access
- Bus Line
- Corner Lot
- Drive Thru
- Air Conditioning
Nearby Major Retailers
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Now Offering $15 T.I. Allowance | 427 Market St
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