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11434 FM 1464 blvd
Richmond, TX 77407
Aliana Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NEW CLASS A CONSTRUCTION WITH BELOW MARKET RENTS
- EXPLOSIVE AFFLUENT DEMOGRAPHICS
- POSITIONED DOWN THE STREET FROM THE GRAND PARKWAY (112,259 VPD) & THE GRAND AT ALIANA
- COMPARABLE CENTERS IN THE MARKET ARE ACHIEVING $36.00 PSF - $43.00 PSF
- 45% POPULATION GROWTH FROM 2010-2020 & 14% POPULATION GROWTH FROM 2020-2025 (3-MILE RADIUS)
- LARGEST & FASTEST GROWING RETAIL CORRIDOR IN TEXAS
EXECUTIVE SUMMARY
For Sale | Brand New Class A Strip Center | Affluent Area within one of the Fastest Growing Counties in the Nation | Houston MSA
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
14,946 SF
Building Class
B
Year Built
2024
Price
$7,348,880
Price Per SF
$491.70
Cap Rate
6.25%
NOI
$459,305
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.61 AC
PROPERTY TAXES
| Parcel Number | 0016-00-001-0081-907 | Improvements Assessment | $2,245,050 |
| Land Assessment | $508,303 | Total Assessment | $2,753,353 |
PROPERTY TAXES
Parcel Number
0016-00-001-0081-907
Land Assessment
$508,303
Improvements Assessment
$2,245,050
Total Assessment
$2,753,353
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