Retail real estate in Houston
KW Commercial Texas helps owners, investors, retailers and restaurant operators buy, sell and lease retail property across greater Houston, from neighborhood storefronts to multi-tenant shopping centers.
What we handle
- Multi-tenant shopping and strip centers
- Freestanding retail and pad sites
- Restaurant and bar space
- Storefront and in-line retail space
- Retail investment property
Who we work with
- Owners of shopping centers and storefront property
- Investors buying net-lease and multi-tenant retail
- Retailers, franchisees and service businesses looking for space
- Restaurant and bar operators
- Developers of pad sites and new retail projects
From first call to closing.
What working with us on retail property typically looks like.
Leasing or buying retail space
- Define your requirementsSize, frontage, visibility, parking, co-tenants and budget, and for restaurants, kitchen, venting and grease trap needs.
- Site search and toursWe identify listed and off-market sites, review traffic and the surrounding trade area, and tour them with you.
- Letter of intentWe negotiate the key terms first: rent, term, improvements, signage, exclusive use, co-tenancy and options.
- Due diligenceConfirm permitted uses, deed restrictions, utility capacity, build-out cost and the center's operating expenses.
- Lease or purchase and openingFinal documents are negotiated and signed, and we stay involved through build-out toward your opening.
Selling or leasing your retail center
- Pricing and valuation guidanceA broker opinion of value based on comparable sales, your rent roll and current market conditions.
- Leasing or sale strategyFor leasing, the tenant mix to target; for a sale, how to position the property for investors.
- Marketing and outreachListing on our search and KW Commercial's, and outreach to retailers, restaurant groups, investors and brokers.
- Offers and negotiationWe compare proposals with you and negotiate rent, terms, price and contingencies.
- Closing or lease signingWe coordinate tenant documents, due diligence and the closing or lease execution.
Advice for every side of the deal.
Owners and landlords
Pricing and valuation guidance, leasing strategy for vacant space, and representation through sale or lease.
Investors
Help finding and evaluating single-tenant and multi-tenant retail, including the leases and tenants behind the income.
Retailers and restaurants
Site searches built around visibility, traffic, parking and co-tenancy, and negotiation of lease terms.
Developers
Evaluation of pad sites and land for new retail, from access and frontage to the tenant mix the site can support.
Before you buy, sell or lease.
Questions our agents work through with clients on retail property.
- Visibility, signage and traffic counts
- Access, curb cuts and parking
- Co-tenants and the center's anchor tenants
- Lease type, term and options to renew
- Who pays taxes, insurance and common-area maintenance
- Allowed uses and any restrictions in the lease or deed
- For restaurants: grease trap, venting and utility capacity
Retail research and guides.
Common questions.
What is a triple-net (NNN) lease?
In a triple-net lease, the tenant pays base rent plus its share of the property's taxes, insurance and maintenance costs. Triple-net leases are common in retail property.
Can you help a business find retail space to lease?
Yes. Our retail agents represent tenants looking for space as well as landlords leasing it, and owners and investors buying or selling retail property.
What is co-tenancy in a retail lease?
Co-tenancy provisions tie a tenant's rent or obligations to other tenants staying open, often a center's anchor. If the anchor leaves, the tenant may pay reduced rent or gain the right to end the lease.
What are common area maintenance (CAM) charges?
CAM charges are a tenant's share of the cost to maintain shared areas of a center, such as parking lots, landscaping and lighting. They are usually billed in addition to base rent and reconciled once a year.
What is a single-tenant net-lease investment?
It is a property leased to one tenant who pays most or all property expenses. Investors look closely at the tenant's credit, the length of the lease and how rent increases over time.
What is a second-generation restaurant space?
A space previously built out as a restaurant, often with a kitchen hood, grease trap and plumbing in place. It can save a new operator significant build-out time and cost.
Who handles retail property at KW Commercial Texas?
Search our agents page for "retail" to find agents and read their profiles, or call 713.470.2100 and we will connect you with the right professional.
Talk with an agent.
Search our agents by name, property type or language, or call 713.470.2100 and we will connect you with the right professional.
Let's talk about your property goals.
Tell us what you are buying, selling or leasing, and we will connect you with the right advisor.