This Retail Property is Off-Market.

1503 Chartres
Houston, TX 77003 ·

Retail For Lease

N/A

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Former Meridian Landmark Building

Rental Rate N/A Property Type Retail
Total Space Rentable 50,000 SF Property Sub-type Free Standing Bldg
Min. Divisible 500 SF Building Size 50,000 SF
Max. Contiguous 25,000 SF Lot Size 50,000 SF
Listing ID: 18226801 Date Created: 06/19/2013 Last Updated: 07/23/2013

1 Space

Display Rental Rate as

Floors 1, 2 and roof

Space Available 50,000 SF Space Type Free Standing Bldg
Min. Divisible 500 SF Lease Type NNN
Max. Contiguous 25,000 SF Date Available Jun 2013

Description

The property has several completed and nearly completed large nightclub spaces that can also be used as ballrooms, sports bars and lounges. The first floor has previously built offices and some warehouse space that can be used as a warehouse or can be converted to retail and restaurant space. There is the potential to convert the roof into a rooftop lounge with panoramic views of downtown Houston. The building has full sprinkler system and fire alarm. The owner has renderings and plans to convert the building into a world-class diversified entertainment complex.

The location is right on the border between the Central Business District (CBD) and East Downtown (EaDo). This large landmark property offers high visibility to both downtown and Interstate Highways 59 and 45 with a large on-premise billboard. Plenty of on-site parking as well street and nearby parking lots and parking decks makes this location perfect for major development. Recently announced major developments in the area included convention hotels, Promenade International park, Loft and Townhome developments as well as two nearly completed Metro light rail lines.

Research

1503 Chartres, Houston, TX 77003 (Harris County)

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