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Cross Creek Ranch (Phase II) 28840 FM 1093 Rd 16,971 SF 100% Leased Retail Building Fulshear, TX 77441 For Sale
Investment Highlights
- Brand New Class A Construction Completed In 2024 | Favorable Rents with a Weighted Average $35.00+ PSF | Far More Sustainable Than Competing Product
- Top Growth Marketing Seeing 56% Population Growth Since 2020
- Attractive Service-Oriented Tenant Roster Including Well-Established Food/Beverage, Medical/Wellness, and Fitness Concepts
- Sandwiched in Between the Top-Selling Cross Creek Ranch Master-Planned Community (7,000 Homes) & Recently Announced Hines Master-Planned Community
- Highly Affluent Demographics with Average Household Incomes of $210K+ and Average Home Values of Nearly $600K
- Excellent Visibility & Accessibility With Frontage Along Westpark Tollway Seeing 52,000+ VPD (Fulshear's Primary Connector To Central Houston)
Executive Summary
FOR SALE: NEW CLASS A RETAIL CENTER POSITIONED IN THE FASTEST GROWING CITY IN TEXAS
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,971 SF
Building Class
B
Year Built
2024
NOI
$598,564
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.88 AC
Parking
83 Spaces (4.89 Spaces per 1,000 SF Leased)
Frontage
307’ on Farm to Market Road 1093
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 0050-00-000-0406-901 | Improvements Assessment | $1,794,362 |
| Land Assessment | $982,714 | Total Assessment | $2,777,076 |
Property Taxes
Parcel Number
0050-00-000-0406-901
Land Assessment
$982,714
Improvements Assessment
$1,794,362
Total Assessment
$2,777,076
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Cross Creek Ranch (Phase II) | 28840 FM 1093 Rd
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