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Retail Sublease North Junction 132-140 FM 1960 E 5,000 sq ft of Retail Space Available in Houston, TX 77090

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SUBLEASE HIGHLIGHTS

  • Subject space is on I-45 frontage road
  • Anchored by PetSmart and Chuck E. Cheese
  • Center is located at the major intersection of I-45 and FM 1960
  • LED: 6/30/29

SPACE AVAILABILITY (1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • TYPE
  • 1st Floor
  • 5,000 sq ft
  • Jun 2029
  • Upon Application Upon Application Upon Application Upon Application
  • Negotiable
Space Use
Retail
Condition
Partial Fit-Out
Availability
30 Days

Call for pricing.

  • Sublease space available from current tenant
  • Partially Fit-Out as a Restaurant or Café Space
  • Highly Desirable End Cap Space
Space Size Term Rate Type
1st Floor 5,000 sq ft Jun 2029 Upon Application Upon Application Upon Application Upon Application Negotiable

1st Floor

Size
5,000 sq ft
Term
Jun 2029
Rate
Upon Application Upon Application Upon Application Upon Application
Type
Negotiable
Space Use
Retail
Condition
Partial Fit-Out
Availability
30 Days

Call for pricing.

  • Sublease space available from current tenant
  • Partially Fit-Out as a Restaurant or Café Space
  • Highly Desirable End Cap 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 (NNN) 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 rent 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 rent 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.

PROPERTY FACTS

Total Space Available 5,000 sq ft
Property Type Retail
Property Subtype Standalone
Net Internal Area (NIA) 110,115 sq ft
Total Land Area 9.06 ac
Year Built/Renovated 1979/1986
Parking Allocation 4.87/1,000 sq ft
Cross Streets North Fwy

ABOUT THE PROPERTY

Center is located at the major intersection of I-45 and FM 1960.

  • Freeway Visibility
  • Pylon Sign
  • Signalised Intersection

NEARBY MAJOR RETAILERS

Wells Fargo Bank
Taquerias Arandas
Texas Roadhouse
Waffle House
Planet Fitness
Hancock Whitney
Chili's Grill & Bar
Chase Bank
IHOP
Kroger
  • Listing ID: 27022909

  • Date on Market: 02/11/2022

  • Last Updated:

  • Address: 132-140 FM 1960 E, Houston, TX 77090

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