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Fulshear Square 28432 FM 10903

17,517 SF 100% Leased 4-Star Retail Building Fulshear, TX 77441 $8,962,000 ($512/SF) 6.50% Cap Rate

Investment Highlights

  • Located in the “Fastest Growing Small Town in America”
  • 7 Tenants include an Ideal Mix of Daily Needs, Services and Dining
  • First Local Retail Strip Center for Affluent Fulshear
  • Surrounded by Master Planned Communities

Executive Summary

This brand new, fully-leased strip center sits on a high-traffic corner in booming Fulshear, which was ranked the “fastest growing small town in America” in 2023, having grown tenfold in size between 2010-2020. The tenants are ideally suited to this affluent market: average household incomes exceed $185K within a 3 mile radius.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,517 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$8,962,000
Price Per SF
$512
Cap Rate
6.50%
NOI
$582,530
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Land Acres
2.00 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0294-00-001-0011-914
  • 0294-00-000-0001-914
Land Assessment
$3,706,302
Improvements Assessment
$82,542
Total Assessment
$3,789,144
  • Listing ID: 32571433

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 28432 FM 10903, Fulshear, TX 77441

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