|
|
Museum Square Retail 12906 University Blvd 1,200 - 10,736 SF of Retail Space Available in Sugar Land, TX 77479
HIGHLIGHTS
- Average household income of over $259,000 within one mile
- Potential for drive thru
- Great circulation throughout the trade area
- Easy access to Highway 6, Southwest Fwy (IH-69), and Highway 90
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-10,736 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
New construction with space up to 10,736 SF available.
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
PROPERTY FACTS
| Total Space Available | 10,736 SF | Gross Leasable Area | 10,736 SF |
| Min. Divisible | 1,200 SF | Year Built | 2025 |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Storefront | Cross Streets | Savannah Heights Dr |
| Total Space Available | 10,736 SF |
| Min. Divisible | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,736 SF |
| Year Built | 2025 |
| Construction Status | Proposed |
| Cross Streets | Savannah Heights Dr |
ABOUT THE PROPERTY
Up to 10,736 SF proposed retail center, anticipated Q4, 2024 delivery. In the Telfair market with an average household income of over $259,000 within one mile. Great circulation throughout the trade area. End Cap and inline spaces available with potential for patio or drive thru. Easy access to Highway 6, Southwest Fwy (IH-69), and Highway 90.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| University Blvd | New Territory Blvd, S | 11,836 | 2022 | 0.07 mi |
| New Territory Blvd | University Blvd, E | 17,858 | 2022 | 0.12 mi |
| Kentshire Ave | Gossamer Ln, S | 727 | 2022 | 0.35 mi |
| Wescott Ave | Langston Ave, N | 1,121 | 2022 | 0.40 mi |
| University Blvd | Hwy 6, NE | 11,759 | 2022 | 0.51 mi |
| Chatham Ave | - | 1,523 | 2022 | 0.54 mi |
| Not Available | Not Available, No | 1,780 | 2020 | 0.55 mi |
| Chatham Avenue | - | 1,714 | 2022 | 0.56 mi |
| New Territory Blvd | W Chatam Ave, SW | 10,541 | 2022 | 0.57 mi |
| New Territory Blvd | W Chatam Ave, NE | 783 | 2022 | 0.61 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
Aerial
Aerial