Investment Overview

Marcus & Millichap is pleased to present an outstanding investment opportunity at 8650 Grand Mission Blvd, Richmond, TX 77407. This property features a high-traffic retail location, home to national tenants Valero and Subway, ensuring long-term stability and income generation. Strategically positioned in a rapidly growing corridor, the property benefits from exceptional visibility, strong consumer demand, and ease of access. Surrounded by a dense residential population, the area has seen a significant surge in new housing developments, attracting a steady influx of families and professionals. This ongoing growth further enhances the long-term viability of the site, driving increased foot traffic and consumer spending. With both tenants committed to 20-year lease terms from the close of escrow and scheduled rent increases of 10% every 5 years, investors can expect steady revenue growth and built-in appreciation. The surrounding neighborhood’s continued expansion, coupled with the area’s increasing demand for essential retail services, solidifies this property as a prime, low-risk investment opportunity. This is a rare chance to acquire a fully leased asset in a high-growth market, offering both immediate income stability and long-term upside potential.