End-Cap Retail Shell
For Lease
$50 SF/Yr
701 Richmond Ave, Houston, TX 77006
Retail shell space within a nine-floor residential development, with garage access and reserved parking.
Space Size1,788 SF - 2,034 SF
Lot Size1.03 Acres
Days on Market94
Property Features for 701 Richmond Ave
General Information
Standard status
Active
Size
1,788 SF - 2,034 SF
Net Rentable
1,788 SF
Class
B
Total Parking Spaces
59
Lot size
1.03 Acres
Property subtype
retail
Space & Availability
Available Space
1,788-2,034 SF
Contiguous Space
2,034 SF
Additional Details
Road Access
Yes
Building Details
Stories
9
Spaces For Lease
at 701 Richmond Ave Contact usAvailable Space Immediate
Floor
1st
Size
1,788 SF
Type
Retail
Term
Negotiable
Available Space Immediate
Floor
1st
Size
2,034 SF
Type
Retail
Term
Negotiable
Listing Agency:
Houston
(214) 438-6210
Listed By:
Rachael Keener · License #614668
(713) 888-4074
Source:
Property.jll
Added: Jul 16
Changed: Oct 9
Last Checked: Oct 16 at 6:03AM
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 Houston
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Investment Insights
Based on property information with market context.
End-cap retail shell spaces of 1,788 SF or 2,034 SF are available within UNITi Montrose, a nine-floor residential development with 238 dormitory-style apartment units. The property occupies 1.03 AC and provides retail parking reserves for 59 vehicles, along with 2 access points into the garage.
Access is available from Stanford St and Greeley St. Richmond carries 16,283 CPD, and the property is within 0.6 miles of the ION, St Thomas University, and Downtown Houston. Rice Village and Downtown are described as equal distances from UNITi.
Access is available from Stanford St and Greeley St. Richmond carries 16,283 CPD, and the property is within 0.6 miles of the ION, St Thomas University, and Downtown Houston. Rice Village and Downtown are described as equal distances from UNITi.
Key Highlights
- 1,788 SF or 2,034 SF end‑cap shell spaces
- Within UNITi Montrose, a 238‑unit / 9‑floor dormitory‑style apartment development
- Retail parking reserve for 59 vehicles
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,033
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Houston, TX
$22.83 /SF/Yr
Avg Asking Price
$4.39–$50 /SF/Yr
Price Range
9,873 SF
Avg Space Size
This space is priced 119% above the average of $22.83 /SF/Yr.
Vacancy Rate% for Retail in Houston, TX
Frequently Asked Questions
What type of property is this?
Retail space - Retail shell space within a nine-floor residential development, with garage access and reserved parking.
Where is this retail space located?
The property is located at 701 Richmond Ave Houston, TX.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: 1,788 SF or 2,034 SF end‑cap shell spaces; Within UNITi Montrose, a 238‑unit / 9‑floor dormitory‑style apartment development; Retail parking reserve for 59 vehicles
