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Spencer Shopping Center 1603-1617 Spencer Hwy 1,500 SF of Retail Space Available in South Houston, TX 77587
Highlights
- High-Visibility | 22,599 VPD on Spencer Highway
- Predominantly Hispanic trade area with strong cultural retail demand
- Strong synergy between Fiesta and value-oriented retail and service users
- Dense surrounding residential population
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11611-B | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1603 Spencer Hwy - 1st Floor - Ste 11611-B
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.
Select Tenants at Spencer Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Fiesta
- -
- -
- -
- Fred Loya Insurance
- Finance and Insurance
- -
- -
- Rodeo Dental
- Health Care and Social Assistance
- -
- -
| Tenant | Description | US Locations | Reach |
| Fiesta | - | - | - |
| Fred Loya Insurance | Finance and Insurance | - | - |
| Rodeo Dental | Health Care and Social Assistance | - | - |
Property Facts
| Total Space Available | 1,500 SF | Frontage | Spencer Hwy |
| Center Type | Neighborhood Center | Gross Leasable Area | 76,972 SF |
| Parking | 400 Spaces | Total Land Area | 6.98 AC |
| Center Properties | 1 | Year Built | 1982 |
| Total Space Available | 1,500 SF |
| Center Type | Neighborhood Center |
| Parking | 400 Spaces |
| Center Properties | 1 |
| Frontage | Spencer Hwy |
| Gross Leasable Area | 76,972 SF |
| Total Land Area | 6.98 AC |
| Year Built | 1982 |
About the Property
This established neighborhood retail center serves a dense, predominantly Hispanic trade area with strong, consistent demand for value-oriented dining, everyday goods, personal care, basic apparel, and auto-related services. With over 90% Hispanic or Latino population within one mile and more than 169,000 residents within three miles, the property is well-positioned to support culturally relevant retail and essential services. The center benefits from a proven location with consistent historical occupancy, a strong daytime population from nearby employment, and exposure to both local and commuter traffic. A stable tenant mix including Connie’s Seafood, Rent-A-Center, Melrose, Fred Loya Insurance, and Rodeo Dental drives repeat daily visits and reinforces long-term retail and service viability.
- Banking
- Signage
Nearby Major Retailers
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Spencer Shopping Center | 1603-1617 Spencer Hwy
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