6363 San Felipe Street — Lease in Houston, TX

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Houston, TX 77057

Photos

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Description

Prime San Felipe frontage between Voss Rd and Fountain View with strong visibility and access. Located in the heart of Uptown Houston, surrounded by high-income neighborhoods including Tanglewood, The Memorial Villages, and Briargrove. Retail positioned beneath The Forum, a 359-unit Class A multifamily community, providing a built-in customer base and consistent foot traffic.

Market Context

This retail in Houston, TX is listed for lease. Compare it against other retail listings for lease in Houston, TX — view the full market.

As of Q1 2026, the Houston retail market showed a 5.5% vacancy rate, average asking rents near $21.28/SF/yr, rents up 2.5% year over year, and cap rates around 7.5%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Houston?
About 7.5% as of Q1 2026, per multiple brokerage reports.
Is the Houston retail market tightening or softening?
Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.49/SF/mo – $2.01/SF/mo

Mid: $1.75/SF/mo

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