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University Center - Grand West & Mercantile 1223 Grand West Blvd

1,200 - 27,125 SF of 4-Star Space Available in Katy, TX 77449

Highlights

  • Future landmark is open with extremely limited space!
  • Space includes a free grease trap ($20,000 saving) and a fire sprinkler system tap in ($50,000 saving).
  • University of Houston Katy Campus and Andretti Indoor Kart Racing are right across the street.
  • Reach Houston Community College in 1 minute (est. 3,000 students).

Space Availability (6)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 1,500 SF
  • 5 Years
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

1,500 square feet of retail space available for lease.

  • Partially Built-Out as Standard Retail Space
  • Fits 4 - 12 People
  • 1st Floor
  • 1,875 SF
  • 5 Years
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

1,875 square feet of retail space available for lease.

  • Partially Built-Out as Standard Retail Space
  • Fits 5 - 15 People
  • 1st Floor
  • 2,000-2,250 SF
  • 5 Years
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

2,000 square feet of retail space available for lease.

  • Partially Built-Out as Standard Retail Space
  • Fits 5 - 18 People
  • 1st Floor
  • 3,000-4,500 SF
  • 5 Years
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

3,000 square feet of retail space available for lease.

  • Fully Built-Out as Standard Retail Space
  • Fits 8 - 36 People
  • 1st Floor
  • 5,000-7,000 SF
  • 5 Years
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

7,000 square feet of retail space available for lease.

  • Partially Built-Out as Standard Retail Space
  • Fits 13 - 56 People
  • 2nd Floor
  • 1,200-10,000 SF
  • 5 Years
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Office/Medical
Condition
-
Availability
Now

1,200 square feet of office/medical space available for lease.

  • Fits 3 - 80 People
Space Size Term Rent Service Type
1st Floor 1,500 SF 5 Years Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
1st Floor 1,875 SF 5 Years Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
1st Floor 2,000-2,250 SF 5 Years Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
1st Floor 3,000-4,500 SF 5 Years Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
1st Floor 5,000-7,000 SF 5 Years Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
2nd Floor 1,200-10,000 SF 5 Years Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD

1st Floor

Size
1,500 SF
Term
5 Years
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

1,500 square feet of retail space available for lease.

  • Partially Built-Out as Standard Retail Space
  • Fits 4 - 12 People

1st Floor

Size
1,875 SF
Term
5 Years
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

1,875 square feet of retail space available for lease.

  • Partially Built-Out as Standard Retail Space
  • Fits 5 - 15 People

1st Floor

Size
2,000-2,250 SF
Term
5 Years
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

2,000 square feet of retail space available for lease.

  • Partially Built-Out as Standard Retail Space
  • Fits 5 - 18 People

1st Floor

Size
3,000-4,500 SF
Term
5 Years
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

3,000 square feet of retail space available for lease.

  • Fully Built-Out as Standard Retail Space
  • Fits 8 - 36 People

1st Floor

Size
5,000-7,000 SF
Term
5 Years
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

7,000 square feet of retail space available for lease.

  • Partially Built-Out as Standard Retail Space
  • Fits 13 - 56 People

2nd Floor

Size
1,200-10,000 SF
Term
5 Years
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Office/Medical
Condition
-
Availability
Now

1,200 square feet of office/medical space available for lease.

  • Fits 3 - 80 People

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 agent 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 University Center - Grand West & Mercantile

  • Tenant
  • Description
  • US Locations
  • Reach
  • Dim Sum Box
  • -
  • -
  • -
  • Ding Tea
  • Retailer
  • -
  • -
  • Giau Bar
  • -
  • -
  • -
  • Proper Rose Garden
  • -
  • -
  • -
  • Thaicoon
  • -
  • -
  • -
  • Yomie's Rice x Yogurt
  • -
  • -
  • -
Tenant Description US Locations Reach
Dim Sum Box - - -
Ding Tea Retailer - -
Giau Bar - - -
Proper Rose Garden - - -
Thaicoon - - -
Yomie's Rice x Yogurt - - -

PROPERTY FACTS FOR 1223 Grand West Blvd , Katy, TX 77449

Min. Divisible 1,200 SF
Property Type Retail
Property Subtype Restaurant
Gross Internal Area 70,000 SF
Year Built 2019

About the Property

Convenient access to I-10 and TX-99 with 300,000+ cars per day. High traffic area in a heart location like Mini Town Center with high walkability and visibility. University of Houston and Andretti Entertainment Center are across the street. Houston Community College is estimated 3,000 students for Fall semester 2022. Surrounded by national, if not global, level businesses such as 85C Bakery, la Madeleine, Red Robin, Kura Sushi, and many more. The Memorial Hermann Hospital (900 medical professionals) is a one minute drive away. The Mason Creek Office Centers (356,000 sf of Class A office buildings) is nearby, Metro Park and Ride (1700 parking) to Downtown with its bus route in front of the shopping center. It also neighbors with the Academy Sports Headquarters (2,900 employees). This Mixed Use development is centrally located for restaurant, bar, medical (family, spa, therapy, dental, chiropractic), professional office (accounting, legal service, financials, etc.), education (tutoring, musical, dancing school), and much more!

  • Bus Route
  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • On-Site Security Staff

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
9,206
123,423
289,840
347,845
2029 Population
9,383
129,245
311,802
378,010
2024-2029 Projected Population Growth
1.9%
4.7%
7.6%
8.7%
Median Age
38.0
36.1
36.0
35.7
College Degree + Higher
39%
40%
44%
30%
Daytime Employees
6,113
39,942
77,159
133,481
Total Businesses
845
5,684
11,467
17,138
Average Household Income
$89,869
$103,106
$116,093
$127,955
Median Household Income
$74,152
$85,110
$94,119
$102,571
Total Consumer Spending
$108.4M
$1.4B
$3.5B
$4.4B
2024 Households
3,612
42,595
94,715
113,174
Average Home Value
$230,157
$280,110
$327,352
$353,124
$ values in USD

Nearby Major Retailers

L & L Hawaiian Barbecue
La Madeleine
Red Robin
Gloria's Latin Cuisine
Kura Sushi
Happy Lemon
Meet Fresh
Hooters
Landry's Seafood House
First Watch
  • Listing ID: 16043797

  • Date on Market: 14/05/2019

  • Last Updated:

  • Address: 1223 Grand West Blvd, Katy, TX 77449

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