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511 Richmond Ave 1,344 SF of Retail Space Available in Houston, TX 77006
Highlights
- Fully equipped restaurant space – ready for immediate occupancy.
- Functional layout designed for efficient restaurant operations.
- Strong foot and vehicle traffic.
- Brand new kitchen equipment provided by landlord.
- High-visibility frontage along Richmond Ave.
- Surrounded by popular retail, bars, and residential developments.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,344 SF | Negotiable | $61.64 CAD/SF/YR $5.14 CAD/SF/MO $82,840 CAD/YR $6,903 CAD/MO | Triple Net (NNN) |
1st Floor
For Lease – Restaurant-Ready Space Montrose Location 511 Richmond Ave, Houston, TX 77006 Exceptional opportunity to lease a fully built-out restaurant space in one of Houston’s most vibrant and high-traffic corridors. Located on Richmond Avenue, this property offers outstanding visibility and accessibility, surrounded by dense residential neighborhoods, nightlife, and established dining destinations. This turnkey space is ideal for restaurateurs looking to launch or expand without the heavy upfront investment typically required for build-out. Property Highlights: Fully equipped restaurant space – ready for immediate occupancy Brand new kitchen equipment provided by landlord Functional layout designed for efficient restaurant operations High-visibility frontage along Richmond Ave Strong foot and vehicle traffic Surrounded by popular retail, bars, and residential developments Space Features: Commercial-grade kitchen with new equipment Dining area with flexible seating configuration Infrastructure in place for a variety of restaurant concepts Potential for patio or outdoor seating Ideal For: Full-service restaurant Fast casual concept Café or specialty dining Bar and lounge (subject to approvals) Lease Terms: Competitive lease rates (contact for details) Tenant responsible for utilities and applicable expenses Flexible terms available for qualified tenants Don’t miss this opportunity to secure a second-generation restaurant space with brand new equipment in a prime Houston location.
- Lease rate does not include utilities, property expenses or building services
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
| Total Space Available | 1,344 SF | Gross Leasable Area | 1,344 SF |
| Property Type | Retail | Year Built | 2026 |
| Property Subtype | Restaurant |
| Total Space Available | 1,344 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,344 SF |
| Year Built | 2026 |
About the Property
511 Richmond Avenue is a single-story commercial building located in Montrose, Houston. The property features approximately 1,344 square feet and is situated near major corridors including Richmond Avenue and Montrose Boulevard. The surrounding area includes a mix of residential, commercial, and entertainment uses with high pedestrian activity. Public transportation is available nearby, and the site lies in close proximity to Downtown, Midtown, and the Museum District.
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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511 Richmond Ave
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