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Vacant Whataburger at OST and Calhoun Road 4616 Old Spanish Trl
2,546 SF of Retail Space Available in Houston, TX 77021
Highlights
- Prime Corner Lot – Former Quick Service Restaurant
- Four curb cuts, drive-thru and plentiful parking
- High-traffic location serving UH and TSU area
- TIRZ and New Market Tax Credits maybe available
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,546 SF | Negotiable | £28.44 /SF/PA £2.37 /SF/MO £306.13 /m²/PA £25.51 /m²/MO £72,409 /PA £6,034 /MO | Triple Net |
1st Floor
Built-out with commercial kitchen and dining room facility.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Four curb cuts, drive-thru and plentiful parking
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.
SITE PLAN
PROPERTY FACTS FOR 4616 Old Spanish Trl , Houston, TX 77021
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Fast Food | Parking Ratio | 13.58/1,000 SF |
| Gross Internal Area | 2,650 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Internal Area | 2,650 SF |
| Year Built | 1960 |
| Parking Ratio | 13.58/1,000 SF |
About the Property
Prime Corner Lot – Former Quick Service Restaurant at 4616 Old Spanish Trail (OST) and Calhoun Road. Outstanding visibility and access! This high-traffic corner lot, positioned at the intersection of Old Spanish Trail (OST)/ US-90A and Calhoun Road, is ideally located near the University of Houston and Texas Southern University, with an estimated daily traffic of 50,000 vehicles. Featuring four curb cuts—two on OST and two on Calhoun—this site offers easy access and superb potential for a fast-food restaurant or quick-service establishment. Property Details: Building, 2,546 SF, with ample dining, retail, commercial kitchen, and office space. Lot, approximately 25,000 SF with abundant parking. Ideal Use: Perfect for fast food or quick-service concepts such as Mexican, chicken, coffee, seafood, and more. Special Note: No more than 50% of the restaurant’s revenue may come from hamburger sales. Incentives: This property is located within an Opportunity Zone and may be eligible for New Market Tax Credits, offering valuable tax incentives. Additionally, it is part of the Old Spanish Trail/Almeda Corridors TIRZ, a financing initiative aimed at spurring investment and stimulating development in key corridors and nearby neighborhoods. More info at: https://www.houstontx.gov/ecodev/tirz/7.html. Disclaimer: All sales information is based on owner-provided and publicly available data. Prospective tenants are encouraged to independently verify details and conduct their own surveys.
- Corner Lot
- Pylon Sign
- Restaurant
- Drive Thru
-
Michael Chang -
John Furnace -
Conveyance Real Estate LLC
Presented by
Vacant Whataburger at OST and Calhoun Road | 4616 Old Spanish Trl
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