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8740 Spencer Hwy 7,012 SF of Retail Space Available in La Porte, TX 77571
HIGHLIGHTS
- Corner Lot
- Pylon Sign
- Very convenient to Beltway 8 and SH 225
- Busy Highway
- Drive Thru Opportunity
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,012 SF | 2-5 Years | $28.46 CAD/SF/YR $2.37 CAD/SF/MO $199,576 CAD/YR $16,631 CAD/MO | Triple Net (NNN) |
1st Floor
Burrowed in the heart of LaPorte/DeerPark/Pasadena is this highly sought location on Spencer Highway. This stretch of roadway offers ideal vehicle traffic and is sure to call in locals from the surrounding community. Offering a diverse array of retailers, restaurants and shops to include Chinese restaurants, Mexican restaurants, fast food chains, nail salons and big box retailers. The area will give tenants a Hometown feel in a bustling community on the outskirts of Houston. This leasing opportunity can accommodate a well-established restaurant or can be built to suit the needs of a new occupant. Sitting East of the Sam Houston Tollway and just below Texas 225 makes this location supreme for growth and expansion.
- 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
- Space In Need of Renovation
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 | 7,012 SF | Total Land Area | 2.89 AC |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Restaurant | Parking Ratio | 5.7/1,000 SF |
| Gross Leasable Area | 9,668 SF |
| Total Space Available | 7,012 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,668 SF |
| Total Land Area | 2.89 AC |
| Year Built | 2005 |
| Parking Ratio | 5.7/1,000 SF |
ABOUT THE PROPERTY
Burrowed in the heart of LaPorte/DeerPark/Pasadena is this highly sought location on Spencer Highway. This stretch of roadway offers ideal vehicle traffic and is sure to call in locals from the surrounding community. Offering a diverse array of retailers, restaurants and shops to include Chinese restaurants, Mexican restaurants, fast food chains, nail salons and big box retailers. The area will give tenants a Hometown feel in a bustling community on the outskirts of Houston. This leasing opportunity can accommodate a well-established restaurant or can be built to suit the needs of a new occupant. Please feel free to contact me for any leasing information. Sitting East of the Sam Houston Tollway and just below Texas 225 makes this location supreme for growth and expansion.
- 24 Hour Access
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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8740 Spencer Hwy
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