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    1012 Leeland St Houston, TX 77002

    For Lease
    Contact for pricing

    Prime 3,093 SF Restaurant Space Available

    Lot size:
    3,093 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 3,093 square foot restaurant space is ideally situated within SoDo on Main, a vibrant 24-story, 336-unit high-rise apartment complex featuring street-level retail. The property offers a unique opportunity for a restaurant operator seeking a high-traffic location. Benefit from the significant foot traffic generated by the building's residents and the proximity to over 879 additional residential units within easy walking distance. The location boasts unparalleled accessibility, directly adjacent to the MetroRail Red Line on Main Street, which sees over 45,000 daily riders. This provides exceptional visibility and convenient access for customers. On-site parking is included for both staff and patrons. The surrounding area is further enhanced by the presence of established businesses such as the Holiday Inn and YMCA, and the upcoming Trebly Park development, which will include the Tout Suite Cafe, adding to the area's growing appeal and attracting even more potential customers. This second-generation restaurant space is ready for immediate occupancy and presents a compelling investment opportunity in a thriving urban environment. The space is currently available as a single unit.

    Property Features for 1012 Leeland St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,093 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,093 SF

    HighLights

    • ±3,093 SF second‑generation restaurant space available.
    • Located in a 24‑story, 336‑unit high‑rise apartment building with street‑level retail.
    • High foot traffic due to proximity to the MetroRail Red Line (45,000+ daily riders).
    • On‑site parking included.
    • Excellent location near 879 residential units, Holiday Inn, YMCA, and the upcoming Trebly Park development (including Tout Suite Cafe).
    Property Profile Location Intelligence

    Current Use by Public Records

    Skyhouse Garage Parking Lot about | cafe cosmopolita Cafe

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.36796159527
    Latitude
    29.752171672856

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    FAQs

    What type of property is this?
    Retail property - Prime 3,093 SF Restaurant Space Available
    Where is this retail property located?
    The property is located at 1012 Leeland St Houston, TX.
    What are key features of this property?
    This property features: ±3,093 SF second-generation restaurant space available.; Located in a 24-story, 336-unit high-rise apartment building with street-level retail.; High foot traffic due to proximity to the MetroRail Red Line (45,000+ daily riders).
    Request Owner's contact information
    1012 Leeland St 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
    1012 Leeland St Houston, TX 77002
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