Colony Lakes Shopping Center — Lease in Houston, TX
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Houston, TX 77459
Photos

Description
2nd Gen Retail Spaces For Lease Size Available: 980sf-4,156sf Triple Nets: $9.50/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).
Contact
- Jazz Hamilton · 713 577 1805 · jazz.hamilton@cbre.com
- Rusty Lilley · rusty.lilley@cbre.com
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