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    5815 Gulf Fwy Houston, TX 77023

    Sponsored
    For Lease
    $32 SF/Yr

    High-traffic mixed-use center; office & warehouse space.

    Lot size:
    56,178 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    South Gulf Plaza, a prime Houston mixed-use development, offers exceptional commercial space at 5815 Gulf Freeway, Houston, TX 77023. This high-visibility location boasts over 222,698 vehicles daily on the I-45 Gulf Freeway Service Road, inside Loop 610. The property comprises two buildings totaling 56,178 square feet, currently featuring a mix of retail, office, and warehouse space. Building A, a two-story structure, has its first floor fully leased to Wellmed. The second floor offers 8,729 square feet of divisible office space, available for lease at $32 per square foot, NNN. Building B encompasses 29,754 square feet and is currently fully leased, with an estimated NNN of $9.03 per square foot. Both buildings are delivered in shell condition, providing flexibility for tenant build-outs. A total of 8,729 square feet is currently vacant across both buildings. The property includes two loading docks and two dock-high doors, catering to various business needs. This exceptional opportunity presents a chance to secure space in a high-traffic, easily accessible location within a thriving commercial center. Available space ranges from 2,000 to 8,729 square feet.

    Property Features for 5815 Gulf Fwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,178 SF
    Total Rate
    149808

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    Buildind A 2nd Floor/Office
    Size
    8,729 SF
    Rate per SF
    $32

    HighLights

    • High‑visibility location on I‑45 Gulf Freeway Service Road, inside Loop 610.
    • Address: 5815 Gulf Freeway, Houston, TX 77023.
    • High‑traffic area with over 222,698 vehicles daily.
    • Two‑building retail/office complex.
    • Both buildings are delivered in shell condition.
    • Building A: Ground floor leased to Wellmed; 8,729 SF of divisible second‑floor office space available at $32/SF NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lydia Navarro Roman, ... Doctor Michael Don Moss, ... Family Practice Physician Alida C Chacon ... Nurse Practitioner Usman Khan Jilani, ... Internist Cynthia Marie Ayala, ... Family Practice Physician

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3170306
    Latitude
    29.7172622

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic mixed-use center; office & warehouse space.
    Where is this neighborhood center located?
    The property is located at 5815 Gulf Fwy Houston, TX.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location on I-45 Gulf Freeway Service Road, inside Loop 610.; Address: 5815 Gulf Freeway, Houston, TX 77023.; High-traffic area with over 222,698 vehicles daily.
    Request Owner's contact information
    5815 Gulf Fwy Houston, TX 77023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5815 Gulf Fwy Houston, TX 77023
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