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    5775 Woodway Dr Houston, TX 77057

    Sponsored
    For Lease
    $38 SF/Yr

    Prime Tanglewood Retail, 1,260 SF Available

    Lot size:
    1,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, totaling 1,260 square feet, is situated at the highly visible southeast corner of Woodway Drive and Augusta Drive in Houston's prestigious Tanglewood neighborhood. The property is part of a thriving shopping center currently anchored by established businesses such as Starbucks, Cyclone Anaya's, and Tide Dry Cleaners, ensuring high foot traffic and brand synergy. This in-line space presents a unique opportunity for businesses seeking exposure within a densely populated area. The immediate vicinity boasts a strong demographic profile, with over 164,000 residents residing within a 3-mile radius. Furthermore, the average household income within a 1-mile radius exceeds $223,000, indicating significant purchasing power. The location benefits from its proximity to a variety of other popular retailers, including Whole Foods, Trader Joe's, H-E-B, CVS, Walgreens, Hungry's, Island Grill, Latin Bites, and Buffalo Grille, creating a vibrant and convenient shopping destination. Located in Harris County, Texas, with a zip code of 77057, this property offers unparalleled access to a wealthy and affluent customer base in a highly desirable area. The address is 5775 Woodway Dr, Houston, TX. This space is perfect for a variety of retail uses and represents a compelling investment opportunity in a thriving market.

    Property Features for 5775 Woodway Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,260 SF

    Unit(s) available at that property

    Space
    Available In-Line Space
    Size
    1,260 SF
    Rate per SF
    $38

    HighLights

    • 1,260 SF retail space at the highly visible southeast corner of Woodway & Augusta Drives in Houston's Tanglewood.
    • Strong co‑tenancy with Starbucks, Cyclone Anaya's, and Tide Dry Cleaners.
    • Densely populated area with over 173,000 residents within 3 miles and average household income exceeding $170,764 within 1 mile.
    • Excellent location near Whole Foods, Trader Joe's, H‑E‑B, Walgreens, and other popular retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Brisket House Barbecue Restaurant Dark Scape LLC Dairy Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.482765226682
    Latitude
    29.759716296077

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Tanglewood Retail, 1,260 SF Available
    Where is this lifestyle center located?
    The property is located at 5775 Woodway Dr Houston, TX.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: 1,260 SF retail space at the highly visible southeast corner of Woodway & Augusta Drives in Houston's Tanglewood.; Strong co-tenancy with Starbucks, Cyclone Anaya's, and Tide Dry Cleaners.; Densely populated area with over 173,000 residents within 3 miles and average household income exceeding $170,764 within 1 mile.
    Request Owner's contact information
    5775 Woodway Dr Houston, TX 77057
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    Houston, TX 77057
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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
    5775 Woodway Dr Houston, TX 77057
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