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End-Cap Retail Shell Space
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 Market48

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 us

Available Space

Floor
1st
Size
1,788 SF
Type
Retail
Term
Negotiable
Availability
Immediate
Contact us

Available Space

Floor
1st
Size
2,034 SF
Type
Retail
Term
Negotiable
Availability
Immediate
Contact us
Listing Agency: Houston
Listed By: Rachael Keener · License #614668
Source: Property.jll
Added: Jul 16 Changed: Aug 31 Last Checked: Aug 31 at 12:36PM

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

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.

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

Current Use

Hazard Street Spa Medical Clinic REM Mobile Spa ... Alternative Medicine Practice Lindsay Pearce Counselor UNITi Montrose Apartment Complex Freeman Design Associates Marketing & Advertising

Suggested Use

Top Pick HVAC Service Food Market Auto Parts Store Home Appliance Store Bakery (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

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

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

Market

Lease Benchmarks for Houston, TX

$25.27 /SF/Yr
Avg Asking Price
$2.15–$50 /SF/Yr
Price Range
12,686 SF
Avg Space Size

This space is priced 98% above the average of $25.27 /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
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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
More about this property
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