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Memorial Hills Plaza 2509 E FM-1960
1,050 - 4,670 SF of Retail Space Available in Houston, TX 77073
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2509E | 1,820 SF | 3-5 Years | $22.68 CAD/SF/YR $1.89 CAD/SF/MO $244.11 CAD/m²/YR $20.34 CAD/m²/MO $3,440 CAD/MO $41,275 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 2509F | 1,050 SF | 3-5 Years | $22.68 CAD/SF/YR $1.89 CAD/SF/MO $244.11 CAD/m²/YR $20.34 CAD/m²/MO $1,984 CAD/MO $23,813 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 2509I | 1,800 SF | Negotiable | $22.68 CAD/SF/YR $1.89 CAD/SF/MO $244.11 CAD/m²/YR $20.34 CAD/m²/MO $3,402 CAD/MO $40,822 CAD/YR | Triple Net (NNN) |
2509 E FM-1960 - 1st Floor - Ste 2509E
Ready for immediate occupancy.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,870 SF of adjacent space
2509 E FM-1960 - 1st Floor - Ste 2509F
1,050 square feet of retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,870 SF of adjacent space
2509 E FM-1960 - 1st Floor - Ste 2509I
1,800 square feet of retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
PROPERTY FACTS FOR 2509 E FM-1960 , Houston, TX 77073
| Total Space Available | 4,670 SF | Gross Leasable Area | 26,135 SF |
| Max. Contiguous | 2,870 SF | Total Land Area | 1.54 AC |
| Center Type | Strip Center | Year Built | 1984 |
| Center Properties | 1 |
| Total Space Available | 4,670 SF |
| Max. Contiguous | 2,870 SF |
| Center Type | Strip Center |
| Center Properties | 1 |
| Gross Leasable Area | 26,135 SF |
| Total Land Area | 1.54 AC |
| Year Built | 1984 |
About the Property
Memorial Hills Shopping Center is positioned on FM 1960 between Aldine Westfield and the Hardy Toll Road in the rapidly expanding North Harris County market area. The center is supported by the North Harris County College. Memorial Shopping Center is within minutes to Hardy Toll Road and Interstate 45 North
-
Eric Drymalla -
Tarantino Properties, Inc.
Presented by
Memorial Hills Plaza | 2509 E FM-1960
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