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Shopping Strip

Shoppes at Westpark

26440 FM 1093, Richmond, TX 77406

Listing Price: $8,032,000

Cap Rate
7.30%
Gross SF
22,497
Rentable SF
22,497
Price/Gross SF
$357.03
Lot Size
1.94 acres
Year Built
2013

Investment Overview

Shoppes at Westpark is a 22,497-square-foot, multi-tenant retail center located on a 1.94-acre parcel in Richmond, Texas. Built in 2013, the property is fully occupied by eight service and restaurant tenants on triple-net (NNN) leases, including Plato's Closet, Texas Borders, Ferso's Mexican Cuisine, Spice Korner, Next Level Jiu Jitsu, BRB Lash & Brow, NSA Pack & Ship, and Beauty by Sohair. The center offers a flexible unit configuration with suites ranging from 1,000 to 6,080 square feet. Texas Borders end cap suite features a playground and covered patio areas for outdoor dining, and the building has a metal roof. Landlord states recent property improvements include exterior painting, monument signage painting, and landscaping/hardscaping upgrades.

Positioned along the FM 1093 / Westpark Tollway corridor in Fort Bend County, this retail investment sits in the heart of one of Houston’s strongest westward growth patterns, benefiting from commuter connectivity, expanding rooftops, and accelerating retail momentum. The immediate area is home to a robust retail ecosystem, with key national retailers like Walmart Supercenter, Lowe’s, T.J. Maxx, LA Fitness, H-E-B, and others, ensuring high foot traffic and cross-shopping opportunities. The corridor is seeing new, modern retail supply designed to serve the rapidly growing Richmond/Fulshear submarket—most notably The Oaks of District West planned along FM 1093, bringing a walkable mix of dining, entertainment, and experiential retail. Construction is anticipated to begin in 2026 with delivery targeted for 2027 for The Oaks of District West.

Investment Highlights

  • 100% Leased on Triple-Net Terms
  • Diverse Mix of Restaurants and Service-Based Retailers
  • Average Rents are Below Market with Staggered Lease Expirations
  • Explosive Affluent Demographic Growth

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Financing By

Shopping Strip

Shoppes at Westpark

Listing Price: $8,032,000

Cap Rate
7.30%
Gross SF
22,497
Rentable SF
22,497
Price/Gross SF
$357.03
Lot Size
1.94 acres
Year Built
2013

Investment Highlights

  • 100% Leased on Triple-Net Terms
  • Diverse Mix of Restaurants and Service-Based Retailers
  • Average Rents are Below Market with Staggered Lease Expirations
  • Explosive Affluent Demographic Growth

Investment Overview

Shoppes at Westpark is a 22,497-square-foot, multi-tenant retail center located on a 1.94-acre parcel in Richmond, Texas. Built in 2013, the property is fully occupied by eight service and restaurant tenants on triple-net (NNN) leases, including Plato's Closet, Texas Borders, Ferso's Mexican Cuisine, Spice Korner, Next Level Jiu Jitsu, BRB Lash & Brow, NSA Pack & Ship, and Beauty by Sohair. The center offers a flexible unit configuration with suites ranging from 1,000 to 6,080 square feet. Texas Borders end cap suite features a playground and covered patio areas for outdoor dining, and the building has a metal roof. Landlord states recent property improvements include exterior painting, monument signage painting, and landscaping/hardscaping upgrades. Positioned along the FM 1093 / Westpark Tollway corridor in Fort Bend County, this retail investment sits in the heart of one of Houston’s strongest westward growth patterns, benefiting from commuter connectivity, expanding rooftops, and accelerating retail momentum. The immediate area is home to a robust retail ecosystem, with key national retailers like Walmart Supercenter, Lowe’s, T.J. Maxx, LA Fitness, H-E-B, and others, ensuring high foot traffic and cross-shopping opportunities. The corridor is seeing new, modern retail supply designed to serve the rapidly growing Richmond/Fulshear submarket—most notably The Oaks of District West planned along FM 1093, bringing a walkable mix of dining, entertainment, and experiential retail. Construction is anticipated to begin in 2026 with delivery targeted for 2027 for The Oaks of District West.

Exclusively Listed By

Financing By

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