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Second-Generation Retail Suite
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5710 Memorial Drive, Houston, TX 77007

Second-generation retail space formerly the Teahouse, available for lease with smoke shops not allowed.

Property Size1,060 SF
Days on Market1223

Property Features for 5710 Memorial Drive

General Information

Standard status Active
Size 1,060 SF
Property subtype RETAIL

Additional Details

Traffic Count 48,678 vehicles/day
Listing Agency: ICO Commercial
Listed By: Jane Nodskov, CCIM · License #595084
Source: Moodyscre
Added: Mar 27, 2023 Changed: Jul 26 Last Checked: Jul 31 at 5:19AM

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 ICO Commercial

Investment Insights

Based on property information with market context.

5710B at 5710 Memorial Drive is a second-generation retail suite offering 1,060 SF, formerly the Teahouse. The space is available for lease and is positioned within an established retail environment.

Located on Memorial Drive near Westcott and Shepherd, the property benefits from heavy roadway exposure, with Memorial Drive traffic counted at 48,678 vehicles per day. Current area tenants include AT&T, Fajita Petes, Darque Tan, and Tide Dry Cleaners.

Please note that smoke shops are not allowed for this location.

Key Highlights

  • 1,060 SF second‑generation retail space (formerly the Teahouse)
  • Available for lease; smoke shops not allowed
  • Location on Memorial Dr near Westcott and Shepherd

Property Analytics

Current Use

Palm Beach Tan Tanning Salon AT&T Store Mobile Phone Store Tide Dry Cleaners (Bike/Boat/Book/etc) Store Tide Cleaners (Bike/Boat/Book/etc) Store Fajita Pete's - Memorial ... Take-out & Catering

Suggested Use

Top Pick Food Market Grocery & Convenience Store Daycare Center Computer & Electronic Repair Electrical Service (Bike/Boat/Book/etc) Store

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

48,678 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby

Demographics for 77007, TX

42,908
Population
26,281
Households
1.6
Avg Household Size
34
Median Age
80%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
5,721
Density / Sq Mi
$140,878
Median Household Income
$92,408
Median Earnings
$1,951
Median Rent
$501,300
Median Home Value

Market

Lease Benchmarks for Houston, TX

$22.97 /SF/Yr
Avg Asking Price
$2.4–$53.52 /SF/Yr
Price Range
25,083 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?
Retail space - Second-generation retail space formerly the Teahouse, available for lease with smoke shops not allowed.
Where is this retail space located?
The property is located at 5710 Memorial Drive Houston, TX.
What are key features of this property?
This property features: 1,060 SF second‑generation retail space (formerly the Teahouse); Available for lease; smoke shops not allowed; Location on Memorial Dr near Westcott and Shepherd
(281) 207-3718 Call to check price and availability
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