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Sage Plaza Retail Center 5161 San Felipe St 1,114 - 3,284 SF of Retail Space Available in Houston, TX 77056
HIGHLIGHTS
- Sage Plaza offers premium suites in a grocery-anchor center at the high-traffic corner of San Felipe and Sage in Houston’s Galleria area.
- Enjoy visibility to over 50,000 daily passing vehicles and easy access from Loop 610, and Interstates 69 and 10 for both shoppers and staff.
- Benefit from proximity to The Galleria mall, large office towers, and recreation options including Memorial Park and several top-rated golf courses.
- Strong co-tenant mix of popular restaurants, cleaners, tailors, spas, and national tenants such as Smoothie King, Jimmy John’s, and Bank of America.
- Affluent demographics within 2 miles of Tanglewood and River Oaks with an average $1.5B in consumer spending.
- Heavy vehicle and foot traffic are enhanced by multiple convenient points of entry and exit, and abundant on-site parking for customers.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 170 | 1,114 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $44,560 /YR $3,713 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 190 | 2,170 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $86,800 /YR $7,233 /MO | Triple Net (NNN) |
5161 San Felipe St - 1st Floor - Ste 170
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Space In Need of Renovation
5161 San Felipe St - 1st Floor - Ste 190
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Kitchen
- Private Restrooms
- Corner Space
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
SELECT TENANTS AT SAGE PLAZA RETAIL CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Adair Kitchen
- Restaurant
- 2
- Local
- Esquire Fine Cleaners
- Cleaners
- 3
- Local
- Los Tios
- Restaurant
- 3
- Local
- Raintree Boutique
- Retailer
- -
- -
- Randall's
- Accommodation and Food Services
- -
- -
- Vanna's Tailors & Alterations
- Cleaners
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Adair Kitchen | Restaurant | 2 | Local |
| Esquire Fine Cleaners | Cleaners | 3 | Local |
| Los Tios | Restaurant | 3 | Local |
| Raintree Boutique | Retailer | - | - |
| Randall's | Accommodation and Food Services | - | - |
| Vanna's Tailors & Alterations | Cleaners | 1 | Local |
PROPERTY FACTS
| Total Space Available | 3,284 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 106,008 SF |
| Parking | 730 Spaces | Total Land Area | 13.53 AC |
| Stores | 6 | Year Built | 1997 |
| Center Properties | 3 |
| Total Space Available | 3,284 SF |
| Center Type | Neighborhood Center |
| Parking | 730 Spaces |
| Stores | 6 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 106,008 SF |
| Total Land Area | 13.53 AC |
| Year Built | 1997 |
ABOUT THE PROPERTY
Presenting a premier new home for growing retailers, the Sage Plaza Retail Center, at 5161 San Felipe Street, offers high-quality, flexible suites within the renowned Galleria and Tanglewood neighborhood of Houston, Texas. The upscale shopping center spans a total of 83,296 square feet, defined by its brick façade with attractive ornamentation, lush landscaping with mature trees, and a spacious lot with abundant parking. The center is anchored by a Randalls grocery store and boasts an impressive tenant mix that includes popular restaurants, cleaners, spas, and national tenants such as Smoothie King, Starbucks, Jimmy John’s, and Bank of America. Situated at the signalized corner of San Felipe and Sage, the center offers a high-traffic location with prominent monument signage visible to over 50,000 daily passing vehicles. The center is conveniently accessible via major highways, including Loop 610, and Interstates 10 and 29, ensuring swift connections across greater Houston and beyond. Traffic counts in the area are enhanced by many large office buildings in the surrounding area, including the 25-story Sage Plaza office tower, which delivers a significant built-in audience of local professionals within walking distance. Set in Houston’s most sought-after retail corridor, just a mile from the iconic Galleria shopping mall, this property enjoys unparalleled visibility and access. The Galleria, renowned as the county’s second-largest shopping destination, draws over 30 million visitors annually with its 400+ luxury retailers and fine dining venues, anchored by names like Macy’s, Neiman Marcus, and Saks Fifth Avenue. This constant influx of affluent shoppers provides exceptional exposure and business potential for tenants. Beyond retail, the area offers proximity to premier recreational amenities such as Memorial Park and the Houston Arboretum, River Oaks Country Club, and Houston Country Club, further enhancing its appeal. Within a 2-mile radius, the vibrant local population has surged by over 10% since 2020, now exceeding 91,000 residents. The average household income surpasses $121,000, generating more than $1.5 billion in annual consumer spending during 2024. For retailers seeking a best-in-class location with unmatched demographics and foot traffic, this area stands unrivaled. Don’t miss this rare chance to empower a retail business with a high exposure location within Houston’s most sought-after shopping destination with the contemporary retail suites at Sage Plaza Retail Center. Property tours are by appointment only; please contact the Barnhart Interests team today to schedule a tour and learn more about this incredible offer.
- Banking
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
CONTACT
-
Erika Beggerly, CPM -
Barnhart Interests, Inc.
Contact the Leasing Agent
Sage Plaza Retail Center | 5161 San Felipe St