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McGowen Bldg 1500 McGowen St 2,562 - 6,162 SF of Space Available in Houston, TX 77004
HIGHLIGHTS
- MIDTOWN/EADO, BY NEW CONSTRUCTION ON CAROLINE & WHOLE FOODS
- EASY ACCESS TO I-45 & I-65
- KEY ANCHOR CORNER SPACE AVAILABLE
- DENSELY POPULATED NEIGHBORHOOD, SURROUNDED BY TOWNHOMES
- PRIME NEIGHBORHOOD CENTER
- FIRST FLOOR OF FULLY OCCUPIED OFFICE/RETAIL BUILDING
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,600 SF | 5 Years | $30.00 /SF/YR $2.50 /SF/MO $322.92 /m²/YR $26.91 /m²/MO $9,000 /MO $108,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 150 | 2,562 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Restaurant Space Available with 650 SF of shaded Patio. Landlord offering TI package to convert space to restaurant. Restaurant opening after ~4:30 PM will have use of all parking spaces (93 total: 60 on site, 30 on Caroline). Ideal for high end neighborhood restaurant.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Anchor Space
- Corner Space
- Exposed Ceiling
- NEWLY RENOVATED, CONTEMPORARY MIXED USE BUILDING
- RESTAURANT OPENING AFTER 4 PM, 60 PARKING SPACES
- BEAUTIFUL PATIO UNDER OAK TREE
- ADDITIONAL 30 PARKING SPACES ON CAROLINE 24 HR
- NOMINATED OFFICE PROJECT OF YEAR (REDNEWS)
1st Floor, Ste 150
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 3 - 10 People
- 5 Private Offices
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.
PROPERTY FACTS
| Total Space Available | 6,162 SF | Gross Leasable Area | 30,060 SF |
| Property Type | Retail | Year Built/Renovated | 1972/2002 |
| Property Subtype | Restaurant | Parking Ratio | 3.09/1,000 SF |
| Total Space Available | 6,162 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 30,060 SF |
| Year Built/Renovated | 1972/2002 |
| Parking Ratio | 3.09/1,000 SF |
ABOUT THE PROPERTY
Newly completed renovation! Seeking restaurant, retail, or office tenant for premier space on the corner of McGowen and La Branch. Monument sign facing McGowen and La Branch. Between 2,000-3,600 SF available. For restaurants, the brand new 650+ SF patio is included! Office tenants leave building by 4-5 PM. Restaurant will have use of parking lots after business hours. 60 parking spaces on site and 30 parking spaces down the street. Major enhancements to area currently underway. Nearby Whole Foods, Gypsy Poet, Weights & Measures. Caters to East Downtown/Midtown areas.
- 24 Hour Access
- Commuter Rail
- Fenced Lot
- Property Manager on Site
- Security System
- Signage
- Storage Space
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| McGowen St | la Branch St, NW | 4,998 | 2025 | 0.02 mi |
| McGowen St | Crawford St, NW | 6,531 | 2025 | 0.06 mi |
| McGowen St | la Branch St, SE | 5,681 | 2025 | 0.06 mi |
| McGowen St | Jackson St, NW | 6,707 | 2025 | 0.12 mi |
| McGowen St | Austin St, SE | 4,206 | 2025 | 0.13 mi |
| McIlhenny St | la Branch St, SE | 6,267 | 2025 | 0.13 mi |
| McIlhenny St | Austin St, E | 6,908 | 2025 | 0.16 mi |
| Crawford St | Anita St, SW | 5,131 | 2025 | 0.18 mi |
| McGowen Street | Hamilton St, SE | 6,904 | 2025 | 0.19 mi |
| McGowen St | Hamilton St, SE | 6,381 | 2024 | 0.19 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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Exterior Patio and front Corner Photo
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Exterior Patio Fewer People
Exterior Patio People Conversing
Signage Under Construction Now
1500 McGowan Proposed Landscape 20210901 (1)
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Lobby
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Exterior Entrance