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4518 Griggs Rd
1,250 - 5,680 SF of Retail Space Available in Houston, TX 77021
Highlights
- Pylon Singage
- Single Tenant Opportunity
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 1,250-5,680 SF | 5 Years | $26.17 CAD/SF/YR $2.18 CAD/SF/MO $148,651 CAD/YR $12,388 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 100
Seize this unique opportunity to lease up to 5,680 square feet of retail space, perfect for businesses looking to attract significant foot traffic and establish a strong presence in a bustling commercial area.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
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 4518 Griggs Rd , Houston, TX 77021
| Min. Divisible | 1,250 SF | Year Built/Renovated | 2024/2025 |
| Property Type | Retail | Parking Ratio | 5.63/1,000 SF |
| Property Subtype | Storefront Retail/Office | Construction Status | Under Renovation |
| Gross Leasable Area | 5,680 SF |
| Min. Divisible | 1,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,680 SF |
| Year Built/Renovated | 2024/2025 |
| Parking Ratio | 5.63/1,000 SF |
| Construction Status | Under Renovation |
About the Property
?? Prime Retail Leasing Opportunity at Griggs Street & Cullen Boulavard Intersection! ?? Here's your chance to secure a premium retail space in the heart of Houston's bustling Griggs and Cullen intersection. With a strategic location and a beautiful redevelopment underway, this 5,680 SF shopping center is the perfect place to elevate your brand. Key Features: Strategic Location: Situated at the intersection of Griggs and Cullen, this shopping center offers unparalleled visibility and accessibility, ensuring maximum exposure for your business. High Traffic Area: With its proximity to major thoroughfares and residential neighborhoods, expect a steady stream of traffic and potential customers. Redevelopment Underway: Exciting redevelopment plans are in motion, promising a fresh, modern look that will attract patrons and invigorate the shopping experience. Whether you're launching a new concept, expanding your brand, or seeking a prime location to connect with customers, this shopping center offers the perfect space to flourish. Don't miss out on this exceptional leasing opportunity!
Nearby Major Retailers
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4518 Griggs Rd
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