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Retail Space in High-Traffic Center
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14000 Memorial Drive, Houston, TX 77079

Retail space available in a busy Houston shopping center.

Space Size1,525 SF
Property Size104,887 SF
Days on Market733

Property Features for 14000 Memorial Drive

General Information

Standard status Active
Size 1,525 SF
Property subtype Retail

Building Details

Building Size 104,887 SF
Tenancy Multiple

Spaces For Lease

at 14000 Memorial Drive Contact us

Suite 1498

Size
1,525 SF
Availability
Active
Contact us
Listing Agency: Phillips Edison & Company
Listed By: Josh O'Toole · License #FLBO
Source: Crexi
Added: Sep 5, 2024 Changed: Sep 5 Last Checked: Sep 7 at 2:39AM

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 Phillips Edison & Company

Investment Insights

Based on property information with market context.

Located at the northwest corner of Memorial Drive and North Kirkwood Road, this shopping center is co-anchored by Pet Supplies Plus and Dollar Tree. The location offers easy accessibility, excellent visibility, and high traffic volume. The center hosts a diverse tenant mix and has retail space available for lease, surrounded by a strong customer base.

Key Highlights

  • Excellent visibility at the NW corner of Memorial Drive and North Kirkwood Road.
  • High traffic volume provides increased exposure.
  • Easy accessibility for shoppers.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Plumbing Service Carpet & Flooring Store Garden 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

Location Intelligence

Trade Area within ½ mile

488
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77079, TX

36,404
Population
16,215
Households
2.2
Avg Household Size
36
Median Age
68%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
4,728
Density / Sq Mi
$103,089
Median Household Income
$61,683
Median Earnings
$1,620
Median Rent
$636,100
Median Home Value

Market

Lease Benchmarks for Houston, TX

$17.74 /SF/Yr
Avg Asking Price
$2.15–$32 /SF/Yr
Price Range
30,878 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in a busy Houston shopping center.
Where is this shopping center located?
The property is located at 14000 Memorial Drive Houston, TX.
What are key features of this property?
This property features: Excellent visibility at the NW corner of Memorial Drive and North Kirkwood Road.; High traffic volume provides increased exposure.; Easy accessibility for shoppers.
More about this property
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