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Elite Square 1520 College Ave

1,363 - 11,672 SF of Retail Space Available in South Houston, TX 77587

Highlights

  • High traffic area located conveniently at the intersection of the six lane College Ave and Highway I-45.
  • Nearby businesses and neighborhoods amount to a daytime population of 14,600 with a median household income of $51,700 to $82,900.
  • No Fuel Contract.
  • New renovations from 2022 allow for spaces to be further enhanced and accommodate a variety of businesses.
  • ESFR sprinkler system in all spaces.
  • 150 parking spaces.

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste D
  • 8,247 SF
  • 5-30 Years
  • $34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $23,380 CAD/MO $280,557 CAD/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Fully ESFR Sprinkler System.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • High Ceilings
  • 1st Floor, Ste F
  • 2,062 SF
  • 5-30 Years
  • $34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $5,846 CAD/MO $70,148 CAD/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Fully ESFR Sprinkler System.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • High Ceilings
  • 1st Floor, Ste G
  • 1,363 SF
  • 5-30 Years
  • $34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $3,864 CAD/MO $46,368 CAD/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Fully ESFR Sprinkler System.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • High Ceilings
Space Size Term Rental Rate Rent Type
1st Floor, Ste D 8,247 SF 5-30 Years $34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $23,380 CAD/MO $280,557 CAD/YR Triple Net (NNN)
1st Floor, Ste F 2,062 SF 5-30 Years $34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $5,846 CAD/MO $70,148 CAD/YR Triple Net (NNN)
1st Floor, Ste G 1,363 SF 5-30 Years $34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $3,864 CAD/MO $46,368 CAD/YR Triple Net (NNN)

1st Floor, Ste D

Size
8,247 SF
Term
5-30 Years
Rental Rate
$34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $23,380 CAD/MO $280,557 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Fully ESFR Sprinkler System.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • High Ceilings

1st Floor, Ste F

Size
2,062 SF
Term
5-30 Years
Rental Rate
$34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $5,846 CAD/MO $70,148 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Fully ESFR Sprinkler System.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • High Ceilings

1st Floor, Ste G

Size
1,363 SF
Term
5-30 Years
Rental Rate
$34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $3,864 CAD/MO $46,368 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Fully ESFR Sprinkler System.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • High Ceilings

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SITE PLAN

SELECT TENANTS AT Elite Square

  • Tenant
  • Description
  • US Locations
  • Reach
  • Bukaneros Outfit
  • Retailer
  • -
  • -
  • Chevron
  • Gasoline Station
  • 9,760
  • International
  • Furniture Center Outlet
  • Retailer
  • -
  • -
  • Nails Of USA
  • Services
  • -
  • -
  • SOHO EXPRESS
  • Retailer
  • -
  • -
  • Taquitos Don Agave
  • Accommodation and Food Services
  • -
  • -
Tenant Description US Locations Reach
Bukaneros Outfit Retailer - -
Chevron Gasoline Station 9,760 International
Furniture Center Outlet Retailer - -
Nails Of USA Services - -
SOHO EXPRESS Retailer - -
Taquitos Don Agave Accommodation and Food Services - -

PROPERTY FACTS FOR 1520 College Ave , South Houston, TX 77587

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 40,248 SF
Year Built/Renovated 1959/2022
Parking Ratio 3.73/1,000 SF

About the Property

Elite Square is a shopping center strategically located at the intersection of the six lane College Ave and Highway I-45. Tenants include Chevron Gas Station with 12 pumps (No Fuel Contract). SOHO Express, Bukaneros Western Outfitters and Nails Of USA, Cafe 88, Taquitos Don Agave and Furniture Center Outlet. The property was originally a bingo hall that was fully renovated converted into a retail center in 2022 and offers new construction opportunities to further enhance and expand the spaces, accommodating a variety of businesses. The property is located in South Houston, which is the home of over 600 independent business owners, comprised primarily light manufacturing and fabricating related to the petroleum and chemical industries, service and retail-oriented businesses. It is adjacent to the Houston Ship Channel and Refinery Complex, Pasadena, Deer Park, and eleven miles from downtown Houston, a short distance to Clear Lake area, Galveston and the NASA Johnson Space Center.

  • 24 Hour Access
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Wheelchair Accessible
  • On-Site Security Staff

Nearby Major Retailers

La Michoacana Meat Market
Waffle House
Comerica
Denny's
Chase Bank
Fiesta Mart
Bank of America
Taqueria Arandas
Pappas Bar-B-Q
  • Listing ID: 34095868

  • Date on Market: 2023-11-01

  • Last Updated:

  • Address: 1520 College Ave, South Houston, TX 77587

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