CBRE5050 West Alabama- Galleria Food Court Sublease

Property Info

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5050 West Alabama, Houston, TX 77056  Map

For Lease

Space Available3,397 SF (will consider subdividing)

Property Highlights

  • ±3,397 SF second generation restaurant space (would consider subdividing)
  • Located in The Galleria Mall, Houston’s #1 Mall & tourist attraction – 25M visitors per year
  • Over 103,000 in daytime population within 1-mile
  • Lease Rate: $62.70 PSF; plus operating expenses annual rent bumps as per the original Lease
  • Lease Expiration: 8/31/2023
  • The Galleria area is home to 34 hotels with 7,800+ rooms, with the highest revenue per available room in Houston
  • French Bistro and Asian Food restricted

 

2017 Demographic Summary

VARIABLE

Population

Daytime Population

Avg HH Value

Avg HH Income

1 MILE

24,524

103,366

$519,729

$126,536

3 MILES

191,141

341,339

$632,846

$120,198

 

Last updated: April 20, 2018

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