Listed by Capital Retail Properties
Undisclosed Rate
The Americana Block 257
Building Details
Property Type Retail
Sub Type Commercial, Store front
Tenancy Single
Lease Type NNN
Class A
Total Building SqFt 94,000
Vacant SqFt 94,000
Total Parking Spaces 550 parking spaces
Year Built 2018
Spaces
Retail | Single tenant | 31,000 SqFt - 94,000 SqFt
Building description
The Americana is a redevelopment delivering in late 2018 that will serve the surrounding businesses and neighborhoods in the booming Houston Downtown.
The project sits on approximately 31,000sf of ground level retail space, and up to 94,000sf of leasable space. Additionally, the site has 550 parking spaces, an amenity that is difficult to find in the dense downtown area of Houston.
Access to the Americana is exceptional and boasts ingress or egress from Milam, Dallas, Lamar and Travis streets. Per the map, Dallas and Travis are major thoroughfares for inbound traffic.
Downtown Houston has over 7,803 luxury rooms in 25 hotels with 5 more hotels planned or under construction. Nine hotels are located on Dallas Street alone
Developers are set to deliver another 349 rooms in two hotels by mid-2019, with another 620-plus rooms planned for 2019.
Downtown will have almost 8,100 rooms in 27 hotels by the end of 2019
Houston Downtown currently has 5,710 residential units, with 3,200 units added in the last two years, resulting in a current population of 27,774. There are 372 units under construction and 1,179 planned, leading to an estimated increase in residential population of 5,500 people. The average rent for these units is $2.54 per square foot
The estimated working population in Houston Downtown is 201,393
Listing Contacts
Listed by Capital Retail Properties
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