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Riverpointe Retail Center 5400 Pointe West Cir 2,153 - 5,533 SF of Retail Space Available in Richmond, TX 77469
HIGHLIGHTS
- 2nd generation retail space available
- $60 PSF TI allowance available
- Excellent visibility and access to the Grand Parkway as well as US-59
- 6 months free rent
- 2nd floor turn-key office space provided with private elevator, lobby and grand staircase
- Located directly across from Memorial Hermann Hospital, a 100,000 SF medical plaza with 77 private rooms and a full service acute facility
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,153 SF | Negotiable | $47.46 CAD/SF/YR $3.96 CAD/SF/MO $102,184 CAD/YR $8,515 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 3,380 SF | Negotiable | $30.71 CAD/SF/YR $2.56 CAD/SF/MO $103,801 CAD/YR $8,650 CAD/MO | Triple Net (NNN) |
5400 Pointe West Cir - 1st Floor
• 2nd generation retail space available • 6 months free rent • $60 PSF TI allowance available
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
5400 Pointe West Cir - 2nd Floor
Spacious retail suite with 3,380 SF available. 6 Months Free Rent + $60 PSF TI Allowance
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 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.
SELECT TENANTS AT RIVERPOINTE RETAIL CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Wing Stop
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Wing Stop | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 5,533 SF | Gross Leasable Area | 10,783 SF |
| Center Type | Strip Center | Total Land Area | 1.00 AC |
| Parking | 56 Spaces | Year Built | 2018 |
| Center Properties | 1 |
| Total Space Available | 5,533 SF |
| Center Type | Strip Center |
| Parking | 56 Spaces |
| Center Properties | 1 |
| Gross Leasable Area | 10,783 SF |
| Total Land Area | 1.00 AC |
| Year Built | 2018 |
ABOUT THE PROPERTY
The property is located at the intersection of Highway 59 and Grand Parkway, with excellent visibility from both. Many amenities including retail, dining, medical and fitness facilities are nearby, with many within walking distance.
NEARBY MAJOR RETAILERS
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Riverpointe Retail Center | 5400 Pointe West Cir
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