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7930 W Grand Pky 18,750 SF 100% Leased Retail Building Richmond, TX 77406 $11,057,905 CAD ($589.75 CAD/SF) 6.75% Cap Rate



Executive Summary
Now available, this fully leased retail center has a diverse mix of tenants including regional and national tenants such as Edible Arrangements and Ramble Creek. All tenants enjoy long leases with annual increases. This 2015 built center is well located on Grand Parkway in the heart of Richmond surrounded by multi-family and neighboring retail stores. There is an excess of parking with front and rear parking lots on this 2.5+ acre lot. The building is built to a high specification and has been well maintained by its long term owner.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,750 SF
Building Class
B
Year Built
2015
Price
$11,057,905 CAD
Price Per SF
$589.75 CAD
Cap Rate
6.75%
NOI
$746,409 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
2.53 AC
Parking
140 Spaces (7.47 Spaces per 1,000 SF Leased)
Frontage
303’ on Grand Parkway
Amenities
- Security System
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Icy Cuts
- Retailer
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Icy Cuts | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0062-00-000-2545-907 | Improvements Assessment | $2,968,567 CAD |
| Land Assessment | $2,272,238 CAD | Total Assessment | $5,240,805 CAD |
Property Taxes
Parcel Number
0062-00-000-2545-907
Land Assessment
$2,272,238 CAD
Improvements Assessment
$2,968,567 CAD
Total Assessment
$5,240,805 CAD
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7930 W Grand Pky
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