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Shops at Aliana 1 18320 W Airport Blvd 12,064 SF 100% Leased 4-Star Retail Building Richmond, TX 77407 $8,794,296 CAD ($728.97 CAD/SF) 6.32% Cap Rate
INVESTMENT HIGHLIGHTS
- Neighboring new 350 unit West End Luxury apartments
- Texas has no state income tax, estate tax, or inheritance tax
- 3 minutes from the Market Center power retail center
- High income master planned communities nearby include Aliana, Long Meadow Farms, Waterside Estates and Harvest Green
- Easy access to Grand Parkway 99 freeway and the FM 1464 corridor
- Internet resistant long term tenants
EXECUTIVE SUMMARY
RECENTLY REDUCED!
Prime retail center built in 2018. On the front door to the Aliana master planned community and the heart of Fort Bend County. Centralized location close to The Market Power center and Waterview Town Center which is home to many major retailers such as TJ Maxx, Academy Outdoor, LA Fitness, Target, HEB, and the 4 million SF Amazon fulfillment center. Within a three mile radius to major schools in the area and a 30 minute drive to the uptown/Galleria area.
Aliana is a well-known top-ranked, premier 2,000+ acre master-planned community in Texas and further anticipated growth which allows for even higher rental upside.
Prime retail center built in 2018. On the front door to the Aliana master planned community and the heart of Fort Bend County. Centralized location close to The Market Power center and Waterview Town Center which is home to many major retailers such as TJ Maxx, Academy Outdoor, LA Fitness, Target, HEB, and the 4 million SF Amazon fulfillment center. Within a three mile radius to major schools in the area and a 30 minute drive to the uptown/Galleria area.
Aliana is a well-known top-ranked, premier 2,000+ acre master-planned community in Texas and further anticipated growth which allows for even higher rental upside.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
12,064 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Price
$8,794,296 CAD
Price Per SF
$728.97 CAD
Cap Rate
6.32%
NOI
$555,687 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.89 AC
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0096-00-000-0203-907 | Improvements Assessment | $2,926,059 CAD |
| Land Assessment | $1,480,061 CAD | Total Assessment | $4,406,120 CAD |
PROPERTY TAXES
Parcel Number
0096-00-000-0203-907
Land Assessment
$1,480,061 CAD
Improvements Assessment
$2,926,059 CAD
Total Assessment
$4,406,120 CAD
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Shops at Aliana 1 | 18320 W Airport Blvd
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