Redeveloped Retail/Office/Warehouse Space
For Lease
Contact for pricing
5815 Gulf Freeway, Houston, TX 77023
Retail, office, and warehouse spaces for lease with freeway exposure.
Space Size21,130 SF
Days on Market2447
Property Features for 5815 Gulf Freeway
General Information
Standard status
Active
Size
21,130 SF
Property subtype
OFFICE
Lease Type
NNN
Spaces For Lease
at 5815 Gulf Freeway
South Gulf Plaza
$30 – $32/SF/Yr
Floor
2
Size
21,130 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Medical Space | 1st floor (divisible)
Medical | Retail | Office
±12,401 SF Medical Space Available
Excellent visibility directly located along the Gulf Freeway inside Loop 610.
BUILDING A
First floor
• 12,401 SF Available
• Former medical space
• Divisible to 5,000 SF
• Lease rate - $32.00/SF + NNN
Second floor
• 8,729 SF Available
• Shell condition
• Divisible to 1,000
• Retail, Medical, Office
• Lease rate $30/SF + NNN
BUILDING B
• 29,754 sf
• Fully leased
Estimated NNN $10.50/sf
PROJECT HIGHLIGHTS
• Located on Gulf Freeway (I-45) service road inside Loop 610
• Excellent visibility on I-45
• Excellent signage opportunities
• High profile location with traffic counts well over 222,698 cars per day
Contact us
Listing Agency:
Colliers - Houston
(713) 222-2111
Listed By:
Jenny Seckinger · License #594781
(713) 830-2105
Source:
Moodyscre
Added: Feb 6, 2020
Changed: Oct 2
Last Checked: Oct 19 at 7:34AM
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 Colliers - Houston
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
South Gulf Plaza is a retail and office redevelopment project situated on the Gulf Freeway (I-45), inside the 610-Loop. The project includes two buildings facing the Gulf Freeway. Building A is approximately 26,424 square feet, with plans for first-floor retail space and an office component on the second level. Building B is planned to be approximately 29,754 square feet, including approximately 13,746 square feet of warehouse space with two dock-high loading ramps. The site is being redeveloped into a retail and office center. This pre-leasing opportunity offers direct freeway exposure, allowing tenants to serve the local community. The location is experiencing an influx of young families, which has prompted the need for this development. The property's visibility makes it suitable for retail, medical, or office users.
Key Highlights
- Prime location on Gulf Freeway (I‑45) inside the 610‑Loop, offering excellent visibility and accessibility.
- Redevelopment project transforming a single‑tenant site into a vibrant retail/office center.
- Pre‑leasing opportunity allowing tenants to serve a growing local community with an influx of young families.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
Explore this area
Business Placement
Demographics for 77023, TX
26,780
Population
11,850
Households
2.3
Avg Household Size
36
Median Age
24%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
4,869
Density / Sq Mi
$50,018
Median Household Income
$35,730
Median Earnings
$1,079
Median Rent
$279,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Houston, TX
$23.62 /SF/Yr
Avg Asking Price
$4.39–$50 /SF/Yr
Price Range
9,680 SF
Avg Space Size
This space is priced 27% above the average of $23.62 /SF/Yr.
Vacancy Rate% for Office in Houston, TX
Frequently Asked Questions
What type of property is this?
Retail space - Retail, office, and warehouse spaces for lease with freeway exposure.
Where is this retail space located?
The property is located at 5815 Gulf Freeway Houston, TX.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Prime location on Gulf Freeway (I‑45) inside the 610‑Loop, offering excellent visibility and accessibility.; Redevelopment project transforming a single‑tenant site into a vibrant retail/office center.; Pre‑leasing opportunity allowing tenants to serve a growing local community with an influx of young families.
