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The Shops at Telfair 12920 University Blvd 16,137 SF 61% Leased Retail Building Sugar Land, TX 77479 For Sale



INVESTMENT HIGHLIGHTS
- Sleek 2nd-generation suites for retail, service, or family-oriented businesses for immediate occupancy with minimal build-out required.
- Available spaces include a flexible former art studio and an imaging center that boasts a fully built-out medical-grade layout.
- Perfect for retail, wellness, experiential concepts, and family-focused businesses like tutoring centers, activity spaces, and fast-casual dining.
- High-exposure location fronting University and New Territory Boulevard, with strong signage opportunities visible to over 30,000 daily vehicles.
- Benefit from convenient proximity to upscale shopping destinations, restaurants, major entertainment venues, and large upcoming commercial projects.
- Strong demographics with an average household income exceeding $158,000 and over $466 million in consumer spending within a 2-mile radius.
EXECUTIVE SUMMARY
Situated at the heart of Sugar Land’s vibrant Telfair neighborhood at the intersection of University and New Territory Boulevard, the Shops at Telfair delivers a fantastic position within a growing, community-oriented area. Tenants enjoy enhanced brand exposure with strong signage opportunities and visibility to approximately 30,000 passing vehicles daily. The site is also reachable in just five minutes from Interstate 69 and Highway 6, offering shortened commutes for employees and excellent connectivity to potential customers and clients.
The contemporary spaces at the Shops at Telfair are especially suited for boutique retailers, wellness providers, experiential concepts, and family-focused businesses such as tutoring centers, activity spaces, and fast casual dining. The building sees elevated family traffic thanks to two neighboring Montessori schools that draw large numbers of prospective customers during morning drop-offs and evening pick-ups. Reinforcing the area’s appeal as the main hub for family activity in the neighborhood, the site sits directly across the street from Telfair’s Central Park, home to the Houston Museum of Natural History at Sugar Land.
The Shops at Telfair’s prime location is further enhanced by its convenient proximity to traffic-driving retail and entertainment destinations, as well as major job centers. Additionally, just 1.5 miles down University Boulevard, the Smart Financial Center has inspired many large developments that benefit businesses in the area, including the upcoming Lexington Commons mixed-use project and the new MD Anderson Cancer Center.
Located within the 2,018-acre master-planned Telfair community, one of Greater Houston’s most desirable commercial areas, businesses at the Shops at Telfair benefit from a high-income, high-spending demographic profile. With an average household income exceeding $158,000 and consumer spending of over $466 million in 2024 within a 2-mile radius, the Shops at Telfair offers a compelling setting for long-term success.
Don’t miss this chance to secure a foothold within the sought-after Telfair community with the premium, move-in-ready commercial suites at the Shops at Telfair.
Property tours are by appointment only. Please contact the listing broker to schedule a tour and learn more about this incredible opportunity.
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Suite 300 provides a flexible 2nd generation commercial space comprising 1,980 square feet that was formerly an art studio. Equipped with a full glass storefront and prominent signage opportunities, this in-line suite offers an ideal, high-visibility space for growing retail, service, or family-oriented businesses. The interiors are defined by sealed concrete flooring, exposed ceilings, and a flexible layout that includes open space with a service counter, as well as a functional private area, usable as a conference room or private office.
Providing the perfect solution for a variety of healthcare and medical service businesses, Suite 600 delivers a fully built-out medical-grade layout that was utilized as an imaging center. Spanning 4,353 square feet, this impressive end-cap space offers a functional layout with private offices and care spaces, a bright lobby with a built-in reception desk, and several open spaces usable as conference rooms, break areas, or storage space. The suite boasts existing built-in cabinetry, as well as tables, chairs, printers, and paint that will convey to a new tenant, providing a running start for their operations.
| Space | Size | Space Use | Position | Available |
| 300 | 1,980 SF | Retail | In-Line | Now |
| 600 | 4,353 SF | Retail | - | Now |
300
| Size |
| 1,980 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
600
| Size |
| 4,353 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
300
| Size | 1,980 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Suite 300 provides a flexible 2nd generation commercial space comprising 1,980 square feet that was formerly an art studio. Equipped with a full glass storefront and prominent signage opportunities, this in-line suite offers an ideal, high-visibility space for growing retail, service, or family-oriented businesses. The interiors are defined by sealed concrete flooring, exposed ceilings, and a flexible layout that includes open space with a service counter, as well as a functional private area, usable as a conference room or private office.
600
| Size | 4,353 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Providing the perfect solution for a variety of healthcare and medical service businesses, Suite 600 delivers a fully built-out medical-grade layout that was utilized as an imaging center. Spanning 4,353 square feet, this impressive end-cap space offers a functional layout with private offices and care spaces, a bright lobby with a built-in reception desk, and several open spaces usable as conference rooms, break areas, or storage space. The suite boasts existing built-in cabinetry, as well as tables, chairs, printers, and paint that will convey to a new tenant, providing a running start for their operations.
ABOUT FAR SOUTHWEST
Located about 30 miles southwest from downtown Houston, this area is home to some of the fastest-growing master-planned communities in the country, like Aliana and Harvest Green.
Some of Houston’s major highways run through the area, including U.S. Highway 90, Interstate 69, and Grand Parkway (State Highway 99), offering residents easy access to major employment nodes.
Median household income here is high, and strong population growth has fueled a need for retail, restaurants, and entertainment in the area. Improving demographics has resulted in an array of prominent retailers taking hold in the market. These companies include Target, Home Depot, H-E-B, Kroger, and Academy Sports and Outdoors, each occupying more than 60,000 square feet.
Occupancy from firms like these has resulted in sale pricing to increase above the market average. Both investors and users have acknowledged the rising value available in this part of Houston and are moving quickly to capitalize.
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5353-01-002-0100-907 | Improvements Assessment | $3,066,845 |
| Land Assessment | $833,155 | Total Assessment | $3,900,000 |
PROPERTY TAXES
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The Shops at Telfair | 12920 University Blvd
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