Open-Air Shopping Center Retail
For Lease
Contact for pricing
12850 Memorial Drive, Houston, TX 77024
Open-air shopping center retail space within a park-like setting in a high-density, high-traffic western Houston area.
Property Size3,222 SF
Days on Market735
Property Features for 12850 Memorial Drive
General Information
Standard status
Active
Size
3,222 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Streetwise Retail Advisors
(713) 773-5508
Listed By:
Ed James
(713) 773-5548
Source:
Moodyscre
Added: Jul 26, 2024
Changed: Jul 29
Last Checked: Jul 30 at 11:23AM
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 Streetwise Retail Advisors
Investment Insights
Based on property information with market context.
Town & Country Village is an open-air shopping center retail setting in western Houston, presented in a park-like environment. A space within the center totals 3,222 SF and is positioned among a mix of national and local lifestyle tenants.
The complex straddles the northbound frontage road of Beltway 8, located north of Memorial Drive and south of CityCentre. The shopping center benefits from the surrounding office, residential, and hotel amenities associated with the adjacent CityCentre development, and the property sits in an area characterized by high density and high traffic.
For tenants seeking an open-air retail environment in a heavily utilized corridor near CityCentre, this offering provides an opportunity to locate within Town & Country Village’s established lifestyle tenant mix.
The complex straddles the northbound frontage road of Beltway 8, located north of Memorial Drive and south of CityCentre. The shopping center benefits from the surrounding office, residential, and hotel amenities associated with the adjacent CityCentre development, and the property sits in an area characterized by high density and high traffic.
For tenants seeking an open-air retail environment in a heavily utilized corridor near CityCentre, this offering provides an opportunity to locate within Town & Country Village’s established lifestyle tenant mix.
Key Highlights
- Open‑air shopping center retail space in a park‑like setting
- 3,222 SF retail space
- Straddles the northbound frontage road of Beltway 8
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,590
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77024, TX
39,565
Population
18,599
Households
2.1
Avg Household Size
43
Median Age
76%
College-Educated
98%
High-School Grad
13.0 sq mi
ZIP Area
3,043
Density / Sq Mi
$142,039
Median Household Income
$79,144
Median Earnings
$1,796
Median Rent
$1,164,400
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
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Open-air shopping center retail space within a park-like setting in a high-density, high-traffic western Houston area.
Where is this shopping center located?
The property is located at 12850 Memorial Drive Houston, TX.
What are key features of this property?
This property features: Open‑air shopping center retail space in a park‑like setting; 3,222 SF retail space; Straddles the northbound frontage road of Beltway 8
