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University Plaza 2409-2469 Bay Area Blvd 1,000 - 2,515 SF of Retail Space Available in Houston, TX 77058
HIGHLIGHTS
- Heavy Traffic
- Adjacent to Clear Lake High School
- U of H Clear Lake nearby (10,000 students)
- Strong daytime employee base
- Near the entrance to NASA
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2403E | 1,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2449 | 1,515 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
2409-2469 Bay Area Blvd - 1st Floor - Ste 2403E
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
2409-2469 Bay Area Blvd - 1st Floor - Ste 2449
Fully built out restaurant. Former Wael's Mediterranean restaurant, who moved two doors down in a much larger space. Floor plan and photos attached.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café 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.
SELECT TENANTS AT UNIVERSITY PLAZA
- CVS Pharmacy
- Dollar Tree
- Goodwill
- Hunan Star Restaurant
- Pho 21 Vietnam Restaurant
- UPS Store
PROPERTY FACTS
| Total Space Available | 2,515 SF | Frontage | 850’ on Bay Area Blvd |
| Center Type | Strip Center | Gross Leasable Area | 95,960 SF |
| Stores | 1 | Total Land Area | 8.30 AC |
| Center Properties | 1 | Year Built | 1979 |
| Total Space Available | 2,515 SF |
| Center Type | Strip Center |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 850’ on Bay Area Blvd |
| Gross Leasable Area | 95,960 SF |
| Total Land Area | 8.30 AC |
| Year Built | 1979 |
ABOUT THE PROPERTY
Recently remodeled 100,000 SF center located at Bay Area Blvd & Space Center Blvd. The center is in close proximity to Clear Lake High School (2,500 students), U of H Clear Lake (9,500 students) and NASA/Johnson Space Center. There are 60,000 cars per day at the intersection. Co- Tenants include CVS Pharmacy, Dollar Tree, Miller's Cafe, The UPS Store, and Goodwill Industries.
NEARBY MAJOR RETAILERS
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University Plaza | 2409-2469 Bay Area Blvd
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