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    1301 Fannin St Houston, TX 77002

    Sponsored
    For Lease
    $19 SF/Yr ($6,583 /Mo)

    Prime Restaurant Space Available

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This Class A, 4,000 square foot retail property at 1301 Fannin St, Houston, TX 77002, offers multiple tenancy options in the vibrant Downtown Entertainment District. Currently, the entire 4,000 square feet is vacant and available for lease. Spaces can be divided to a minimum of 1,500 square feet and up to a maximum contiguous space of 2,500 square feet, making it ideal for a variety of restaurant concepts. The building boasts convenient access to first-class hotels, restaurants, parks, theaters, and entertainment venues. Building amenities include a full-service conference facility, a fitness center, a spacious tenant lounge, and on-site dining options, providing a comprehensive and attractive environment for employees and patrons. The property is designed to meet the needs of high-tech businesses and is built to withstand various weather conditions. One parking space is provided for every 4,000 square feet of leased space. This exceptional location and building features present a unique opportunity for a thriving restaurant business in the heart of Houston's dynamic downtown area.

    Property Features for 1301 Fannin St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Class
    A
    Total Rate
    6583.33

    Unit(s) available at that property

    Space
    Available 1
    Size
    2,500 SF
    Rate per SF
    $19

    HighLights

    • On‑site casual dining options.
    • Full‑service conference facilities available.
    • Spacious tenant lounge with game room.
    • Fitness center with full‑service locker rooms.
    • On‑site management and 24/7 engineering support.
    • 24/7 security with secure keycard access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Graylog, Inc. Software Company CloudPano Software Company Unvired Inc. Software Company Netrality Data Centers ... Telecommunications Service Provider Houstonweb.net Website Designer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3657529
    Latitude
    29.7533755

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Space Available
    Where is this restaurant located?
    The property is located at 1301 Fannin St Houston, TX.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: On-site casual dining options.; Full-service conference facilities available.; Spacious tenant lounge with game room.
    Request Owner's contact information
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    Houston, TX 77002
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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
    1301 Fannin St Houston, TX 77002
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