Spaces For Lease

at 5710 Memorial Drive

Available Space AVAILABLE

Floor 1

Size 1,060 SF

Type RETAIL

Rate Contact for pricing

Sublease No

OVERVIEW • 5710B - 1,060 SF (formerly the Teahouse) • Second Generation retail space • Smoke shops not allowed • Great location on Memorial near Westcott and Shepherd • Traffic count on Memorial Drive: 48,678 cpd • Tenants include AT&T, Fajita Petes, Darque Tan and Tide Dry Cleaners

Contact us

Listing Agency: ICO Commercial Show Phone

Listed By: Timothy Brown Show Phone

Source: Moodyscre

Added: Mar 27, 2023 Changed: Oct 16 Last Checked: Oct 16 at 6:51AM

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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

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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 Daycare Center Computer & Electronic Repair Grocery & Convenience Store (Bike/Boat/Book/etc) Store Travel Agency

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

Location Intelligence

Trade Area within ½ mile

1,052

Businesses Nearby

Explore this area Business Placement

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

$22.83 /SF/Yr

Avg Asking Price

$4.39–$50 /SF/Yr

Price Range

9,873 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

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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 are key features of this property?

This property features: Year Built: 2003