Building Details

Building Size 12,830 SF

Year Built 2003

Tenancy Multiple

Spaces For Lease

at 5710 Memorial Drive Contact us

Suite 5710 B

Size

1,060 SF

Type

Retail

Lease Type

NNN

Availability

Active

Contact us

Listing Agency: ICO Commercial j***@icotexas.com Show Phone

Listed By: Jane Nodskov · License #TX 595084

Source: Crexi

Added: Feb 16, 2021 Changed: Aug 13 Last Checked: Aug 21 at 10:44PM

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Investment Insights

Based on property information with market context.

This retail space is available for lease at 5710 Memorial Drive, Houston, TX 77077.

Key Highlights

• Year Built: 2003

Property Analytics

Property Profile

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

NNN (Triple Net)

Lease Type

$7.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,052

Businesses Nearby

Explore this area Business Placement

Demographics for 77077, TX

61,302

Population

32,911

Households

1.9

Avg Household Size

36

Median Age

57%

College-Educated

95%

High-School Grad

16.5 sq mi

ZIP Area

3,715

Density / Sq Mi

$71,080

Median Household Income

$45,880

Median Earnings

$1,418

Median Rent

$356,300

Median Home Value

Market

Lease Benchmarks for Houston, TX

$22.31 /SF/Yr

Avg Asking Price

$12–$37 /SF/Yr

Price Range

13,971 SF

Avg Space Size

This space is priced 124% above the average of $22.31 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease in Houston, Texas.

Where is this retail space located?

The property is located at 5710 Memorial Drive Houston, TX.

What is the lease rate?

The lease rate is $50 SF/Yr.

What are key features of this property?

This property features: Year Built: 2003