Open-Air Shopping
For Lease
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12850 Memorial Drive, Houston, TX 77024
Open-air shopping center on a Beltway 8 frontage road with a park-like setting.
Property Size1,778 SF
Days on Market1057
Property Features for 12850 Memorial Drive
General Information
Standard status
Active
Size
1,778 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Streetwise Retail Advisors
(713) 773-5508
Listed By:
Ed James
(713) 773-5548
Source:
Moodyscre
Added: Sep 8, 2023
Changed: Jul 30
Last Checked: Jul 30 at 7:43AM
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 offering space within a park-like setting. The property is listed as 1,778 SF and is positioned to serve a tenant mix that includes national and local lifestyle tenants.
The center straddles the northbound frontage road of Beltway 8, located north of Memorial Drive and south of CityCentre in western Houston. The surrounding area is described as high density and high traffic, supporting ongoing retail and lifestyle demand.
Town & Country Village is also situated near an adjacent city centre development with growing office, residential, and hotel amenities, contributing to the overall day-to-day activity in the immediate area.
The center straddles the northbound frontage road of Beltway 8, located north of Memorial Drive and south of CityCentre in western Houston. The surrounding area is described as high density and high traffic, supporting ongoing retail and lifestyle demand.
Town & Country Village is also situated near an adjacent city centre development with growing office, residential, and hotel amenities, contributing to the overall day-to-day activity in the immediate area.
Key Highlights
- 1,778 SF open‑air shopping center in a park‑like setting
- Straddles the northbound frontage road of Beltway 8
- Located north of Memorial Drive and south of CityCentre
Property Analytics
Current Use
Lease Details
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 on a Beltway 8 frontage road with a park-like setting.
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: 1,778 SF open‑air shopping center in a park‑like setting; Straddles the northbound frontage road of Beltway 8; Located north of Memorial Drive and south of CityCentre
