Shoppes at Westpark 26440 FM 1093 22,497 SF 100% Leased Retail Building Richmond, TX 77406 $8,032,000 ($357.03/SF) 7.30% Cap Rate

Shoppes at Westpark is a 22,497-square-foot, multi-tenant retail center located on a 1.94-acre parcel in Richmond, Texas. Built in 2013, the property is fully occupied by eight service and restaurant tenants on triple-net (NNN) leases, including Plato's Closet, Texas Borders, Ferso's Mexican Cuisine, Spice Korner, Next Level Jiu Jitsu, BRB Lash & Brow, NSA Pack & Ship, and Beauty by Sohair. The center offers a flexible unit configuration with suites ranging from 1,000 to 6,080 square feet. Texas Borders end cap suite features a playground and covered patio areas for outdoor dining, and the building has a metal roof. Landlord states recent property improvements include exterior painting, monument signage painting, and landscaping/hardscaping upgrades.
Positioned along the FM 1093 / Westpark Tollway corridor in Fort Bend County, this retail investment sits in the heart of one of Houston’s strongest westward growth patterns, benefiting from commuter connectivity, expanding rooftops, and accelerating retail momentum. The immediate area is home to a robust retail ecosystem, with key national retailers like Walmart Supercenter, Lowe’s, T.J. Maxx, LA Fitness, H-E-B, and others, ensuring high foot traffic and cross-shopping opportunities. The corridor is seeing new, modern retail supply designed to serve the rapidly growing Richmond/Fulshear submarket—most notably The Oaks of District West planned along FM 1093, bringing a walkable mix of dining, entertainment, and experiential retail. Construction is anticipated to begin in 2026 with delivery targeted for 2027 for The Oaks of District West.