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508 Main St 508 Main St
5,000 - 10,000 SF of Office/Retail Space Available in Houston, TX 77002
Highlights
- Downtown Houston
- Retail or Office Space
- Historic building with renovation
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 508 | 5,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste 508 | 5,000 SF | 5-7 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
508 Main St - 1st Floor - Ste 508
- Fits 13 - 40 People
- Can be combined with additional space(s) for up to 10,000 SF of adjacent space
- Located in-line with other retail
508 Main St - 2nd Floor - Ste 508
- Fits 13 - 40 People
- Can be combined with additional space(s) for up to 10,000 SF of adjacent 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 508 Main St , Houston, TX 77002
| Center Type | Strip Center | Gross Leasable Area | 10,000 SF |
| Center Properties | 1 | Total Land Area | 0.11 AC |
| Frontage | 50’ on Main St. | Year Built | 1920 |
| Center Type | Strip Center |
| Center Properties | 1 |
| Frontage | 50’ on Main St. |
| Gross Leasable Area | 10,000 SF |
| Total Land Area | 0.11 AC |
| Year Built | 1920 |
About the Property
The Victory Wilson Building, a two story building adjcent to the Historic Rice (Hotel) Lofts, was constructed in the late nineteenth century with load-bearing brick sidewalls that are approximately sixteen inches thick and supported by a series of cast iron round columns transfersing the east-west axis of the structure. The existing facade, built in the 1920s, replaced the original victorian elevation, and was restored in 2009 based on historical records utilizing a grant from the Main Street Market Square TIRZ. Each floor of the Victory Wilson Building contains approximately 5,000 square feet with the second floor accessible via an art deco staircase and also fire stairs that were added in 2009. The second floor has an outside patio in the rear of the building that is surrounded by the Rice Lofts and one other building. This building is ideal for numerous retail uses or for law offices, being within walking distance to the Harris County Court buildings in downtown Houston. Located on the west side of Main Street, just south of Prairie and adjacent to the Rice Lofts in Downtown Houston.
Nearby Major Retailers
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Dan Meyer -
Frank Meyer -
MC Management & Development, Inc.
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508 Main St | 508 Main St
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