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Four-Story Office and Retail Building
For Lease
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5959 Richmond Ave., Houston, TX 77057

31,241 SF office and retail building for lease.

Space Size1,429 SF - 1,533 SF
Property Size31,241 SF
Days on Market2224

Property Features for 5959 Richmond Ave.

General Information

Standard status Active
Size 1,429 SF - 1,533 SF
Property subtype Office

Building Details

Building Size 31,241 SF
Tenancy Multiple

Spaces For Lease

at 5959 Richmond Ave. Contact us

Suite 300

Size
1,533 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Suite 340

Size
1,429 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Greenberg & Company
Listed By: David Greenberg · License #TX 236747
Source: Crexi
Added: Aug 6, 2020 Changed: Sep 3 Last Checked: Sep 5 at 5:47PM

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 Greenberg & Company

Investment Insights

Based on property information with market context.

The subject property features a four-story office and retail building with a net rentable area of 31,241 square feet. Constructed in 1984, the building includes an open, concrete paved parking area. The structure is built on a concrete slab foundation, incorporating a structural steel frame and tinted glass storefront. The roof consists of built-up tar and gravel over one-inch rigid insulation on a metal deck. Windows throughout the building are tinted glass set in anodized aluminum frames of various shapes. An elevator serves the building, which also includes a grand staircase along the south side, providing access to the second level and lobby. The first and second levels are designated for retail use, while the third and fourth levels are designated for office use. The building's exterior showcases a unique contemporary design, characterized by multi-pillar features, a grand staircase, exposed columns with various geometrical configurations, and other distinctive elements.

Key Highlights

  • Four‑story building with 31,241 sq ft of net rentable area.
  • Mix of retail (1st & 2nd floors) and office space (3rd & 4th floors).
  • Features a grand staircase accessing the second level and lobby.**

Property Analytics

Current Use

512 New Media Media Distribution Palm Beach Tan Tanning Salon Darque Tan Tanning Salon Bar Rosa Nightclub Texas Medical Marijuana ... Medical Examiner

Suggested Use

Top Pick Building Supply Storage Facility Garden Center Electrical Service Veterinary Clinic Daycare Center

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

Location Intelligence

Trade Area within ½ mile

4,520
Businesses Nearby

Demographics for 77057, TX

43,669
Population
25,231
Households
1.7
Avg Household Size
36
Median Age
53%
College-Educated
87%
High-School Grad
4.3 sq mi
ZIP Area
10,156
Density / Sq Mi
$66,200
Median Household Income
$40,419
Median Earnings
$1,354
Median Rent
$318,700
Median Home Value

Market

Lease Benchmarks for Houston, TX

$19.69 /SF/Yr
Avg Asking Price
$1.93–$28 /SF/Yr
Price Range
82,131 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - 31,241 SF office and retail building for lease.
Where is this office building located?
The property is located at 5959 Richmond Ave. Houston, TX.
What are key features of this property?
This property features: Four‑story building with 31,241 sq ft of net rentable area.; Mix of retail (1st & 2nd floors) and office space (3rd & 4th floors).; Features a grand staircase accessing the second level and lobby.**
(713) 778-0900 Call to check price and availability
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