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Shops at Candela - Richmond, TX 11225 FM 359 Rd 10,000 SF 33% Leased 4-Star Retail Building Richmond, TX 77406 For Sale
INVESTMENT HIGHLIGHTS
- Exceptional new-build quality offering modern design, infrastructure, and efficiency.
- Adjacent to Hines’ 3,000-acre community fueling strong residential and retail expansion.
- Next to Massive Capital’s 61,000 SF Class A retail center enhancing synergy and visibility.
- Open slate with one lease in place and the balance of GLA available for lease-up, providing strong upside potential.
- 500-acre development by Johnson Development ensuring steady communitydriven traffic.
- Prominent visibility and access at the intersection of FM 359 and McKinnon Road, one of the area’s most active growth corridors.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 10,000 SF Shops at Candela, a newly constructed Class A retail center (2025) located at 11225 FM 359 in Richmond, TX. This high-quality asset has one executed lease with the remaining GLA delivered as vacant shell space, offering investors a prime value-add opportunity to curate tenant mix, drive income growth, and capitalize on a brand-new construction property in a future Candela Master Planned Community.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
NOI
$143,498 CAD
Percent Leased
33%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Zoning
YOK
Parking
29 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
397’ on McKinnon Rd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Chikini, LLC
- Accommodation and Food Services
- 3,264 SF
- -
- Triple Net
- Mar 2036
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Chikini, LLC | Accommodation and Food Services | 3,264 SF | - | Triple Net | Mar 2036 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
6736 SF shell space available. Space is divisible.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,736 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 6,736 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 6,736 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
6736 SF shell space available. Space is divisible.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0026-00-000-0142-901 | Improvements Assessment | $0 CAD |
| Land Assessment | $95,531 CAD | Total Assessment | $95,531 CAD |
PROPERTY TAXES
Parcel Number
0026-00-000-0142-901
Land Assessment
$95,531 CAD
Improvements Assessment
$0 CAD
Total Assessment
$95,531 CAD
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Shops at Candela - Richmond, TX | 11225 FM 359 Rd
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