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Park Place Memorial 5801 Memorial Dr 1,097 SF of Retail Space Available in Houston, TX 77007
Highlights
- Located on Memorial Drive with excellent frontage and visibility to daily traffic.
- Provides immediate access to Allen Parkway, I-10, and downtown Houston.
- Ideal for retailers or restaurants seeking a prime, high-exposure location.
- Positioned in one of Houston’s most affluent and high-demand neighborhoods.
- Surrounded by upscale residential communities and premier retail destinations.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,097 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This 1,097 SF retail suite at 5801 Memorial Drive offers an outstanding leasing opportunity in one of Houston’s most highly sought-after locations. Positioned along the prominent Memorial corridor, the space benefits from exceptional visibility and high daily traffic counts. Its efficient layout is ideal for boutique retailers, specialty shops, or service-based businesses seeking a strong presence within an upscale trade area. Tenants will enjoy convenient access to Allen Parkway, I-10, and downtown Houston, as well as proximity to affluent residential neighborhoods and nearby retail amenities. This suite combines prime positioning with a vibrant market, providing a valuable opportunity to capitalize on Houston’s dynamic retail environment.
- 1,097 SF boutique retail space
- Prime Memorial Drive visibility
- Easy access to Downtown & I-10
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 Park Place Memorial
- Tenant
- Description
- US Locations
- Reach
- 007 Barber Shop
- Salon/Barber/Spa
- 1
- -
- Babu Fitness
- -
- 1
- -
- Miri's Kitchen Persian
- Accommodation and Food Services
- 1
- -
- Piada Italian Street Food
- Restaurant
- 56
- National
- Pollo Bravo
- Restaurant
- 5
- Local
| Tenant | Description | US Locations | Reach |
| 007 Barber Shop | Salon/Barber/Spa | 1 | - |
| Babu Fitness | - | 1 | - |
| Miri's Kitchen Persian | Accommodation and Food Services | 1 | - |
| Piada Italian Street Food | Restaurant | 56 | National |
| Pollo Bravo | Restaurant | 5 | Local |
Property Facts
| Total Space Available | 1,097 SF | Gross Leasable Area | 10,109 SF |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Freestanding | Parking Ratio | 6.13/1,000 SF |
| Total Space Available | 1,097 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 10,109 SF |
| Year Built | 2015 |
| Parking Ratio | 6.13/1,000 SF |
About the Property
Situated along one of Houston’s most prestigious corridors, 5801 Memorial Drive offers a premier retail opportunity with exceptional visibility and access. This property lies in the coveted Memorial neighborhood, known for its affluent demographics and high traffic counts, making it ideal for businesses catering to a discerning clientele. Tenants benefit from proximity to upscale residential communities, thriving retail centers, and vibrant dining destinations. The location provides seamless connectivity to major thoroughfares, including Allen Parkway, Washington Avenue, and Interstate 10, ensuring convenient access for both local and regional customers. With its strategic positioning near downtown Houston and the Galleria area, the property enjoys continuous exposure to commuters and visitors. The building design and surrounding amenities create a desirable destination suited for boutique retailers, restaurants, or service-oriented businesses. Opportunities at 5801 Memorial Drive combine location, visibility, and flexibility for operators seeking to establish a strong presence in a highly competitive retail market.
Nearby Major Retailers
Contact the Leasing Agent
Park Place Memorial | 5801 Memorial Dr