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Established Shopping Center with Vacant Land
For Lease
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5631 Telephone Rd, Houston, TX 77087

Shopping center with diverse tenants and development opportunities.

Space Size1,624 SF - 3,137 SF
Property Size39,997 SF
Lot Size1.42 Acres
Days on Market899

Property Features for 5631 Telephone Rd

General Information

Standard status Active
Size 1,624 SF - 3,137 SF
Lot size 1.42 Acres
Property subtype Office, Industrial, Special Purpose
Lease Type NNN

Building Details

Building Size 39,997 SF
Year Built 2006
Tenancy Multiple

Spaces For Lease

at 5631 Telephone Rd Contact us

5631 Telephone Rd, Houston, 77087

Size
1,624 SF
Type
Industrial, Office, Special Purpose
Lease Type
NNN
Availability
Active
Contact us

Available Space 2

Size
3,137 SF
Type
Industrial, Office, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: ABC Realty Advisors
Listed By: Donnie Chang · License #TX 438665
Source: Crexi
Added: Mar 7, 2024 Changed: Aug 16 Last Checked: Aug 23 at 5:43AM

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 ABC Realty Advisors

Investment Insights

Based on property information with market context.

This shopping center, constructed in 2006, offers an available space of 1,625 square feet suitable for various businesses. It benefits from ample parking and prominent signage, which are advantageous for attracting customers. The current tenants represent a diverse mix of businesses, including medical and dental offices, suggesting the shopping center caters to healthcare needs. Additional tenants include a dog groomer, Zumba exercise facility, seafood restaurant, and nail salon, indicating a range of services and amenities available to customers. Further development and leasing opportunities exist within the shopping center. A pad site is available for ground lease, providing an opportunity for another business to establish itself in a standalone building or structure. Additionally, 1.42 acres of vacant land at the back of the shopping center is for sale, presenting the possibility of expansion or the addition of new facilities.

Key Highlights

  • Ample parking space and great signage for attracting customers.
  • Diverse mix of current tenants, including medical, dental, and service‑oriented businesses.
  • Available 1,625 square feet of space suitable for various businesses.

Property Analytics

Current Use

Rene I Lopez Pediatrician Famex Pharmacy Pharmacy A C Grooming Boarding Pet Grooming Service Centro Dental & Implants Dental Office Telephone Energy (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Skin Care Clinic Daycare Center Kitchen & Bath Showroom

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77087, TX

34,654
Population
12,400
Households
2.8
Avg Household Size
35
Median Age
12%
College-Educated
63%
High-School Grad
6.6 sq mi
ZIP Area
5,251
Density / Sq Mi
$53,624
Median Household Income
$32,927
Median Earnings
$1,015
Median Rent
$148,400
Median Home Value

Market

Lease Benchmarks for Houston, TX

$19.36 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
31,270 SF
Avg Space Size

This space is priced 7% below the average of $19.36 /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 - Shopping center with diverse tenants and development opportunities.
Where is this shopping center located?
The property is located at 5631 Telephone Rd Houston, TX.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Ample parking space and great signage for attracting customers.; Diverse mix of current tenants, including medical, dental, and service‑oriented businesses.; Available 1,625 square feet of space suitable for various businesses.
(713) 939-8181 Call to check price and availability
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