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Retail Center on Veterans Memorial
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12403 Veterans Memorial Dr, Houston, TX 77014

17,300 SF retail center at Veterans Memorial and Northcliffe.

Property Size17,300 SF
Days on Market1174

Property Features for 12403 Veterans Memorial Dr

General Information

Standard status Active
Size 17,300 SF
Property subtype Retail

Building Details

Year Built 1980
Listing Agency: Investar Real Estate Services
Listed By: Jim Bayne · License #TX 353979
Source: Crexi
Added: May 15, 2023 Changed: Jul 6 Last Checked: Jul 30 at 10:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Investar Real Estate Services

Investment Insights

Based on property information with market context.

Liberty Corner is a 17,300 SF retail center constructed in 1980, situated at the corner of Veterans Memorial Drive and Northcliffe Manor Drive. Current tenants include T&G Insurance, Fyza Food, and Lunar Botanica.

Key Highlights

  • 17,300 SF Retail Center
  • Located at the corner of Veterans Memorial and Northcliffe Manor Drive
  • Tenants include T&G Insurance, Fyza Food, and Lunar Botanica

Property Analytics

Current Use

A K Video Store Electronics & Wireless Store Illusion Flower Shop (Bike/Boat/Book/etc) Store Fyza Grocery Grocery & Convenience Store Grand Master Linda ... Gym & Fitness Center A TU ESTILO BARBER ... Barber Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77014, TX

35,161
Population
13,166
Households
2.7
Avg Household Size
32
Median Age
22%
College-Educated
81%
High-School Grad
7.2 sq mi
ZIP Area
4,883
Density / Sq Mi
$54,456
Median Household Income
$34,192
Median Earnings
$1,220
Median Rent
$213,300
Median Home Value

Market

Lease Benchmarks for Houston, TX

$17.2 /SF/Yr
Avg Asking Price
$8–$33 /SF/Yr
Price Range
36,600 SF
Avg Space Size

This space is priced 10% above the average of $17.2 /SF/Yr.

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - 17,300 SF retail center at Veterans Memorial and Northcliffe.
Where is this shopping center located?
The property is located at 12403 Veterans Memorial Dr Houston, TX.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 17,300 SF Retail Center; Located at the corner of Veterans Memorial and Northcliffe Manor Drive; Tenants include T&G Insurance, Fyza Food, and Lunar Botanica
More about this property
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