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HIGHLIGHTS
- • Direct frontage on FM 723, a key north-south artery linking Richmond and Rosenberg
- • High traffic volume with over 13,800 vehicles per day, ensuring strong exposure for retail tenants
- • Flexible suite sizes and configurations for retail, medical, service, and food/beverage tenants
- • Minutes from US-59/I-69, FM 762, and Spur 10
- • Located near major residential developments including Brookewater, Kingdom Heights, and Miller’s Pond
- • Pre-Leasing Now Available
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,190-9,000 SF | Negotiable | $33.48 CAD/SF/YR $2.79 CAD/SF/MO $301,363 CAD/YR $25,114 CAD/MO | Triple Net (NNN) |
1st Floor
Development Overview • ±4-acre retail development in Fort Bend County’s high-growth Southwest Corridor • Total planned space: ±35,000 SF across 6 buildings • Phase 1: 9,000 SF retail strip center • Phase 2: 5,900 SF retail building + 2,300 SF pad site (ideal for coffee shop or QSR) • Phase 3: Three 5,900 SF retail buildings totaling ±17,700 SF • Year Built: 2025 | Stories: 1 | Zoning: Unrestricted Reserve “A” – Riverside Ranch Commercial Sec 2
- Lease rate does not include utilities, property expenses or building services
- Anchor Space
- Central Air Conditioning
- Drive Thru
- End Cap and Inline space available
- TI or Build to Suit Negotiable
- Ample Parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 9,000 SF | Gross Leasable Area | 35,000 SF |
| Min. Divisible | 1,190 SF | Year Built | 2025 |
| Property Type | Retail | Construction Status | Under Construction |
| Total Space Available | 9,000 SF |
| Min. Divisible | 1,190 SF |
| Property Type | Retail |
| Gross Leasable Area | 35,000 SF |
| Year Built | 2025 |
| Construction Status | Under Construction |
ABOUT THE PROPERTY
Plaza at FM 723 is a premier retail development located in the heart of Fort Bend County’s high-growth corridor. Spanning 4 acres, this multi-phase project will deliver approximately 35,000 SF of modern retail space across six buildings. Phase 1 features a 9,000 SF retail strip center, followed by Phase 2 with a 5,900 SF building and a 2,300 SF pad site ideal for a coffee shop. Phase 3 will complete the site with three additional 5,900 SF buildings. With excellent visibility, strong traffic counts, and proximity to major residential communities, this site offers an exceptional opportunity for retailers and service providers seeking long-term growth. ________________________________________
- Drive Thru
- Monument Signage
- Air Conditioning
Presented by
Plaza @ FM 723 | 3420 FM 723
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