Colony Lakes Shopping Center - retail in Houston, TX
Retail

Colony Lakes Shopping Center

colony lakes shopping center, houston, TX 77459

Price

Price on request

Description

Second generation restaurant end cap space available Rent: $37.00/psf Triple Nets: $9.50/psf Located across from Lowe's Highly visible and accessible from State Highway 6 Surrounded by the master-planned communities of Riverstone, Sienna Plantation, Quail Valley and First Colony

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

colony lakes shopping center, houston, TX 77459

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Houston retail market showed average asking rents near $21.28/SF/yr, and cap rates around 7.7%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$21.28/SF/yr
Estimated sale value
$165–$208/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.7%, asking rent held flat).

View the full Houston Retail market report →

Compare it against other retail listings for sale in Houston, TX to benchmark pricing and space — view the full market.

Retail market FAQ

What is the typical cap rate for retail in Houston?
About 7.7% as of Q1 2026, per multiple brokerages.

Unified Estimate

Medium Confidence
$17.83/SF-$24.13/SF
Mid: $20.98/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Very Low Confidence
  • Avg Rent ($/SF/yr) (market data)
Q2 '25Q1 '26$0$15$30$45$60
Market asking rent (quarterly avg)

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Listed by

CBRE System Import