Blalock Square — Lease in Houston, TX
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Houston, TX 77055
Photos
Description
Retail Spaces Available | +/- 20,000 SF Jr. Anchor - Base Rent: Contact Broker for Pricing - NNN: $4.00 PSF
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
First seen on CREHunt: Aug 30, 2026
Contact
- Jazz Hamilton · 713 577 1805 · jazz.hamilton@cbre.com
- Rusty Lilley · rusty.lilley@cbre.com
- Leslie Villa · 713 577 1607 · leslie.villa@cbre.com
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