Current Use by Public Records
- The Concrete Guys C and G Pros / Construction Company / General Contractor
- Anderson/Sheen Team - Morgan Stanley / Financial Advisor
- Chicago Title Commercial / Insurance Agency
- Londa Thibault Parker Group - Morgan Stanley / Financial Advisor
- The Square at Texas Tower / Real Estate Agency
Property Details for 845 Texas Ave
- Property type
- Retail properties & Spaces
Description
Texas Tower, a prominent Downtown Houston architectural landmark, offers exceptional retail opportunities. Two restaurant spaces are available, ranging from 4,414 to 6,992 square feet. Located on the ground floor of this newly constructed (2021) 1.2 million square foot tower, these spaces benefit from high visibility and convenient access. The building boasts a 70% occupancy rate with approximately 2,400 weekly occupants, including prestigious tenants such as Hines, Cheniere Energy, and Vinson & Elkins. Upon full occupancy, the tower is projected to house 4,500 occupants, ensuring a substantial customer base for ground floor retail businesses. These spaces provide an unmatched ground-floor experience, incorporating innovative health features and tenant-centered amenities. Retail tenants will enjoy convenient access to garage parking and valet services, enhancing the overall customer experience. This is a unique opportunity to establish a presence in a thriving, high-traffic location within a landmark building in the heart of Downtown Houston. The spaces are ideal for restaurants seeking a prime location with excellent visibility and access to a large, established clientele.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3634
- Latitude
- 29.7609
