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Turnkey Restaurant Space
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511 Richmond Avenue, Houston, TX 77006

Fully builtout, restaurant-ready space available for lease on Richmond Avenue in Houston.

Space Size1,346 SF
Days on Market135

Property Features for 511 Richmond Avenue

General Information

Standard status Active
Size 1,346 SF
Class B
Property subtype Restaurant
Lease Type NNN

Additional Details

Business Included Yes

Building Details

Building Size 1,346 SF
Year Built 1914
Tenancy Single

Spaces For Lease

at 511 Richmond Avenue Contact us

Space 1

Size
1,346 SF
Type
Restaurant
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Rockspring
Listed By: Aimee Namakarn · License #709102
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 28 at 10:38PM

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 Rockspring

Investment Insights

Based on property information with market context.

511 Richmond Avenue presents a fully builtout, restaurant-ready space available for lease in Houston. The interior is positioned for a turnkey restaurant operation, offering the kind of ready-to-open setup that can reduce the need for new build-out.

Located on Richmond Avenue, the property benefits from street frontage along a commercial corridor and is surrounded by dense residential neighborhoods, nightlife, and established dining destinations.

If you’re looking to launch or expand with an existing restaurant buildout, this lease opportunity provides a restaurant-first configuration at a specific address on Richmond Avenue.

Key Highlights

  • Fully builtout, restaurant‑ready space available for lease on Richmond Avenue in Houston
  • Restaurant‑ready layout intended for leasing by restaurateurs to launch or expand
  • Building was built in 1914

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Food Market

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

Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,033
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77006, TX

24,129
Population
16,654
Households
1.4
Avg Household Size
36
Median Age
80%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
10,491
Density / Sq Mi
$102,003
Median Household Income
$73,275
Median Earnings
$1,761
Median Rent
$599,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully builtout, restaurant-ready space available for lease on Richmond Avenue in Houston.
Where is this conventional restaurant located?
The property is located at 511 Richmond Avenue Houston, TX.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Fully builtout, restaurant‑ready space available for lease on Richmond Avenue in Houston; Restaurant‑ready layout intended for leasing by restaurateurs to launch or expand; Building was built in 1914
(832) 725-2294 Call to check price and availability
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