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Retail Space Near University of Houston
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4701 Martin Luther King Blvd, Houston, TX 77004

Retail space serving University of Houston's students, faculty, and staff.

Space Size2,343 SF - 3,507 SF
Property Size13,755 SF
Days on Market1089

Property Features for 4701 Martin Luther King Blvd

General Information

Standard status Active
Size 2,343 SF - 3,507 SF
Property subtype Retail

Building Details

Building Size 13,755 SF
Tenancy Multiple

Spaces For Lease

at 4701 Martin Luther King Blvd Contact us

Available Space 1

Size
3,507 SF
Type
Retail
Availability
Active
Contact us

Available Space 3

Size
2,343 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: SHOP Companies Houston
Listed By: Renee Kaiser · License #OK
Source: Crexi
Added: Sep 12, 2023 Changed: Sep 4 Last Checked: Sep 4 at 1:49PM

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 SHOP Companies Houston

Investment Insights

Based on property information with market context.

This retail space is situated across from the University Lofts dormitory, which has 984 beds, and the new Law School on the University of Houston campus. The location, known as the Cougar Den, serves a diverse community of over 40,000 students, faculty, and staff. It also caters to alumni and visitors attending campus events. The University is investing $233 million to enhance all areas of the campus. Plans include doubling dormitory capacity to accommodate 11,000 people in the next 5 years. Enrollment is projected to increase from 36,000 to 45,000 over the next decade.

Key Highlights

  • Prime location directly across from University of Houston's University Lofts dormitory and New Law School.
  • Serves a large and diverse community of over 40,000 students, faculty, and staff.
  • Caters to alumni and visitors attending University of Houston campus events.

Property Analytics

Current Use

Krost Hall High School Domoishi Hibachi & Sushi ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Gym & Fitness Center Pharmacy

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

570
Businesses Nearby

Demographics for 77004, TX

37,005
Population
18,321
Households
2
Avg Household Size
31
Median Age
57%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
7,116
Density / Sq Mi
$65,901
Median Household Income
$55,909
Median Earnings
$1,320
Median Rent
$384,100
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

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space serving University of Houston's students, faculty, and staff.
Where is this retail space located?
The property is located at 4701 Martin Luther King Blvd Houston, TX.
What are key features of this property?
This property features: Prime location directly across from University of Houston's University Lofts dormitory and New Law School.; Serves a large and diverse community of over 40,000 students, faculty, and staff.; Caters to alumni and visitors attending University of Houston campus events.
(281) 845-3112 Call to check price and availability
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