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Hard Corner Ground Lease across from Starbuck 3202 Chimney Rock Rd
2,653 SF of Retail Space Available in Houston, TX 77056
Highlights
- Directly across from Starbucks and adjacent to brand new luxury apartments
- Richmond @ Chimney Rock 30,536 VPD
- $163k Average Household Income within 5 miles
- Signalized Hard Corner
- 570,074 current population within 5 miles
- 14.8% Population Growth within 5 miles (2020-2023)
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,653 SF | 20 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
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.
PROPERTY FACTS FOR 3202 Chimney Rock Rd , Houston, TX 77056
| Property Type | Retail | Gross Internal Area | 5,000 SF |
| Property Subtype | Convenience Store | Year Built | 2024 |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Internal Area | 5,000 SF |
| Year Built | 2024 |
About the Property
Signalized Hard Corner Absolute Ground Lease directly across from Starbucks and adjacent to brand new luxury apartment complex. The former tenant, Timewise/Shell, has moved 1 block away to be directly off of hwy 59. The current building is to be demolished by the new Tenant. The former tenant has had the underground storage tanks and lines removed. I am the owner of the property and will be reviewing all LOI’s in Mid-January. All Absolute NNN Ground Lease LOI offers should be made via email and be for 20 years with escalations. Please email all LOI’s/questions and we will get back to you in January. Thank you very much!!!
Nearby Major Retailers
Presented by
DCG Development Group LLC
Hard Corner Ground Lease across from Starbuck | 3202 Chimney Rock Rd
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