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118 Shenandoah Dr 1,800 - 3,600 SF of Retail Space Available in The Woodlands, TX 77381
HIGHLIGHTS
- Prime office/retail strip with mixed-use potential, just steps from I-45 in the heart of The Woodlands, TX. Great investment opportunity.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800-3,600 SF | 4-6 Years | $24.00 /SF/YR $2.00 /SF/MO $86,400 /YR $7,200 /MO | Triple Net (NNN) |
118 Shenandoah Dr - 1st Floor
Mixed-Use Investment Opportunity Located just steps away from I-45 in the heart of The Woodlands, TX, this office/retail strip offers an exceptional investment opportunity in one of the area's most sought-after locations. The property provides a prime position with high visibility and easy access to major roadways, ensuring maximum exposure for tenants and visitors. The mixed-use space is perfect for a variety of businesses, offering flexible configurations for both office and retail use. With the rapid growth and development of The Woodlands, this property is situated in a thriving commercial hub, surrounded by established residential communities, shopping centers, and popular amenities. This is an ideal opportunity for investors seeking a solid asset in a high-demand area with great potential for long-term growth and profitability.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- High visibility
- The mixed-use space
- High-demand area
- Long-term growth and profitability
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 | 3,600 SF | Center Properties | 1 |
| Min. Divisible | 1,800 SF | Frontage | 136’ on Shenandoah Dr |
| Center Type | Strip Center | Gross Leasable Area | 4,039 SF |
| Parking | 30 Spaces | Total Land Area | 0.52 AC |
| Stores | 1 | Year Built | 1979 |
| Total Space Available | 3,600 SF |
| Min. Divisible | 1,800 SF |
| Center Type | Strip Center |
| Parking | 30 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 136’ on Shenandoah Dr |
| Gross Leasable Area | 4,039 SF |
| Total Land Area | 0.52 AC |
| Year Built | 1979 |
ABOUT THE PROPERTY
Prime Mixed-Use Commercial Property for Sale – Unbeatable Location! Located just steps from I-45, this high-visibility mixed-use commercial property offers an incredible opportunity for investors and businesses alike. Currently, the property has a month-to-month tenant, providing flexibility for new ownership or leasing options. For businesses looking to expand or relocate, space is available for lease ranging from 1,800 to 3,600 square feet, at a competitive rate of $24 per square foot plus net fees. The full 3,600 square feet is available with just a 60-day notice, providing ample time for your plans to take shape. Seize the opportunity to secure this prime location, providing excellent access to major highways and high-visibility exposure—ideal for retail, office, or mixed-use ventures. Whether you're seeking a lucrative investment or the perfect space to grow your business, this property offers endless potential. Don't let this opportunity slip away—schedule a tour today and secure your place in this highly desirable, in-demand location!
- Freeway Visibility
- Air Conditioning
NEARBY MAJOR RETAILERS
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118 Shenandoah Dr
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