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Satsuma Plaza 12637 Fm-529 2,000 - 9,500 SF of Retail Space Available in Houston, TX 77041
HIGHLIGHTS
- Excellent Lease opportunities at Satsuma Plaza in Houston, TX.
- Dense area with a population of approximately 96,000 people in a 3-mile radius.
- Great visibility with about 31,500 VPD on FM-529
- Reports show about 5,000 businesses are located within a 3- mile radius with approximately 67,211 employees.
- Great location just +/- 1.9 Miles to SH 290 and +/- 0.5 Miles to North Eldridge Parkway.
- Large parking lot with over 100 parking spaces. Fully lit with LED lights.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 7,500 SF | Negotiable | $12.95 /SF/YR $1.08 /SF/MO $97,125 /YR $8,094 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste D | 2,000 SF | Negotiable | $12.95 /SF/YR $1.08 /SF/MO $25,900 /YR $2,158 /MO | Triple Net (NNN) |
12637 Fm-529 - 1st Floor - Ste A
+/- 7,500 SF second generation Restaurant/Bar space. The suite includes a large bar, open area, stage, commercial kitchen with grease trap, commercial walk-in cooler, men’s and women’s restrooms, outdoor patio with covered bar, and GM office with ensuite restroom.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
12637 Fm-529 - 1st Floor - Ste D
+/- 2,000 SF of open space. Ideal for retail or restaurant. The suite has one restroom and a three compartment sink installed.
- 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
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 | 9,500 SF | Frontage | 161’ on Fm-529 Rd |
| Center Type | Strip Center | Gross Leasable Area | 15,000 SF |
| Parking | 52 Spaces | Total Land Area | 1.81 AC |
| Stores | 1 | Year Built | 2005 |
| Center Properties | 1 | Cross Streets | Signal Dr |
| Total Space Available | 9,500 SF |
| Center Type | Strip Center |
| Parking | 52 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 161’ on Fm-529 Rd |
| Gross Leasable Area | 15,000 SF |
| Total Land Area | 1.81 AC |
| Year Built | 2005 |
| Cross Streets | Signal Dr |
ABOUT THE PROPERTY
Excellent Lease opportunities at Satsuma Plaza in Houston, TX. Located in a very dense and well trafficked office and industrial corridor. Reports show about 5,000 businesses are located within a 3-mile radius with approximately 67,211 employees. Spaces for Lease: Suite A: +/- 7,500 SF second generation Restaurant/Bar space. The suite includes a large bar, open area, stage, commercial kitchen with grease trap, commercial walk-in cooler, men’s and women’s restrooms, outdoor patio with covered bar, and GM office with ensuite restroom. New sprinkler system installed by LL so space is move-in ready (Tenant responsible for liquor license and health permits). Suite D: +/- 2,000 SF of open space. Ideal for retail or restaurant. The suite has one restroom and a three compartment sink installed. Dense area with a population of approximately 96,000 people in a 3-mile radius. NNNs estimated to be $5.50 PSF Per Year. Great location just +/- 1.9 Miles to SH 290 and +/- 0.5 Miles to North Eldridge Parkway. Great visibility with about 31,500 VPD on FM-529. Large parking lot with over 100 parking spaces. Fully lit with LED lights.
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS
