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The Blue Spruce Market US-75 & Ponderosa Road 1,500 - 12,400 SF of Office/Retail Space Available in Howe, TX 75459
Highlights
- Located along the primary Howe/Sherman growth corridor
- Approx. 50,000+ VPD traffic counts (TxDOT)
- Surrounded by rapidly expanding residential growth
- Inclusive to a major mixed-use development - Ponderosa Point
- Adjacent to 7-Eleven and Taco Bell
- Positioned for repeat daily-needs traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500-12,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Blue Spruce Market is being intentionally curated to create a strong long-term tenant mix focused on repeat neighborhood traffic and convenience-oriented retail uses.
- Lease rate does not include utilities, property expenses or building services
- Located across the road from Howe High School
- Situated next to 7-Eleven
- Endcap Opportunities Available
- Pre-Leasing Now
- Approx. 49,000 VPD
- Surrounded by Rapid Residential Growth
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.
Site Plan
Property Facts
| Total Space Available | 12,400 SF | Gross Leasable Area | 12,400 SF |
| Min. Divisible | 1,500 SF | Construction Status | Proposed |
| Property Type | Retail |
| Total Space Available | 12,400 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 12,400 SF |
| Construction Status | Proposed |
About the Property
Blue Spruce Market is a new 12,400 SF neighborhood retail strip center located within the commercial section of Ponderosa Point in Howe, Texas, directly along the rapidly expanding US-75 growth corridor between Sherman and Van Alstyne. Positioned approximately 2 miles south of the $30B Texas Instruments semiconductor expansion, the project is designed to serve the area’s accelerating residential growth, commuter traffic, and increasing daily service demand. Additionally, Global Wafers, which is located approximately 1 mile south, has signed a $500MM contract with Micron that runs over the next ten years, also increasing demand. The center benefits from strong visibility along US-75 with approximately 50,000+ (TxDOT) vehicles per day and is surrounded by multiple planned and existing residential communities, nearby schools, and expanding employment drivers. Nearby co-tenancy includes Taco Bell and 7-Eleven within the same commercial development.
Presented by
The Blue Spruce Market | US-75 & Ponderosa Road
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