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Redeveloped Retail/Office/Warehouse Space Available
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5815 Gulf Fwy, Houston, TX 77023

Retail, office, and warehouse spaces for lease with freeway exposure.

Space SizeContact for details
Property Size56,178 SF
Days on Market2397

Property Features for 5815 Gulf Fwy

General Information

Standard status Active
Size 56,178 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 56,178 SF
Tenancy Multiple

Spaces For Lease

at 5815 Gulf Fwy Contact us

Buildind A

Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Colliers - Houston, Texas
Listed By: Jenny Seckinger · License #TX 594781
Source: Crexi
Added: Feb 10, 2020 Changed: Aug 31 Last Checked: Sep 2 at 3:49AM

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, Texas

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

Current Use

Lydia Navarro Roman, ... Physician Michael Don Moss, ... Pediatrician Alida C Chacon ... Physician Usman Khan Jilani, ... Physician Cynthia Marie Ayala, ... Pediatrician

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Law Firm Hair Salon Skin Care Clinic Accounting Firm

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

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

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 19% above the average of $25.27 /SF/Yr.

Vacancy Rate% for Office in Houston, TX

21.3% 2019
24.5% 2020
25.2% 2021
26% 2022
25.3% 2023
25.5% 2024
24.8% 2025
Rey
Questions? Ask Rey
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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 Fwy 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.
More about this property
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