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Shopping Strip

Liberty Shopping Center

1833 Richmond Pkwy, Richmond, TX 77469

Listing Price: $9,000,000

Cap Rate
8.31%
Gross SF
31,450
Rentable SF
31,450
Price/Gross SF
$286.17
Lot Size
3.31 acres
Year Built
2019

Investment Overview

The subject property is a 31,450 square foot shopping center located in Richmond, Texas. The property is located on Richmond Parkway in between I-69 and 90A near the Justice Center, Courthouse, Sheriff office and Justice of the peace. The center was built in 2019 and the tenants reimburse for Taxes, CAM and insurance. Richmond, Texas is located in Ft. Bend County which is the one of the fastest growing counties in the country. Population has grown 27% in the last 10 years and it is home to some of the best school in the market driving demand for the area. Within three miles of the property the population is 52,593 and the average household income is $101,600.

Investment Highlights

  • 95% Occupied | 8.3% Cap | $285 Per SQFT
  • Located In Richmond, Texas | Near Municipality Office Buildings
  • Within Three Miles: AAHi - $101,000 | Population – 52,500
  • Internet Resistant Tenants | Food: 37% | Medical: 28%

Exclusively Listed By

Financing By

Shopping Strip

Liberty Shopping Center

Listing Price: $9,000,000

Cap Rate
8.31%
Gross SF
31,450
Rentable SF
31,450
Price/Gross SF
$286.17
Lot Size
3.31 acres
Year Built
2019

Investment Highlights

  • 95% Occupied | 8.3% Cap | $285 Per SQFT
  • Located In Richmond, Texas | Near Municipality Office Buildings
  • Within Three Miles: AAHi - $101,000 | Population – 52,500
  • Internet Resistant Tenants | Food: 37% | Medical: 28%

Investment Overview

The subject property is a 31,450 square foot shopping center located in Richmond, Texas. The property is located on Richmond Parkway in between I-69 and 90A near the Justice Center, Courthouse, Sheriff office and Justice of the peace. The center was built in 2019 and the tenants reimburse for Taxes, CAM and insurance. Richmond, Texas is located in Ft. Bend County which is the one of the fastest growing counties in the country. Population has grown 27% in the last 10 years and it is home to some of the best school in the market driving demand for the area. Within three miles of the property the population is 52,593 and the average household income is $101,600.

Exclusively Listed By

Financing By

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