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8525 FM 359 Rd S 12,424 SF 100% Leased Retail Building Fulshear, TX 77441 $4,485,000 ($360.99/SF) 6.67% Cap Rate
Executive Summary
Prime Multi-Tenant Investment Opportunity West Houston Corridor
This well-positioned commercial compound features three distinct buildings, offering a diversified income stream and strong tenant stability:
• Retail Strip Center: 100% leased with newly executed leases, including national tenant Papa John’s, ensuring immediate cash flow and long-term occupancy.
• Freestanding Restaurant: Single-tenant Mexican restaurant with established local presence and consistent traffic.
• Two-Story Office Building: Anchored by Edward Jones on the ground floor, with additional office suites above—ideal for professional services or boutique firms.
Strategically located in a high-growth area with strong demographics and excellent visibility, this property presents a compelling opportunity for investors seeking stable returns and upside potential.
This well-positioned commercial compound features three distinct buildings, offering a diversified income stream and strong tenant stability:
• Retail Strip Center: 100% leased with newly executed leases, including national tenant Papa John’s, ensuring immediate cash flow and long-term occupancy.
• Freestanding Restaurant: Single-tenant Mexican restaurant with established local presence and consistent traffic.
• Two-Story Office Building: Anchored by Edward Jones on the ground floor, with additional office suites above—ideal for professional services or boutique firms.
Strategically located in a high-growth area with strong demographics and excellent visibility, this property presents a compelling opportunity for investors seeking stable returns and upside potential.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,424 SF
Building Class
C
Year Built
2008
Price
$4,485,000
Price Per SF
$360.99
Cap Rate
6.67%
NOI
$299,150
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.87 AC
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 580 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 580 SF | Office | - | Now |
| 100 | 2,066 SF | Retail | In-Line | 60 Days |
1st Floor
| Size |
| 580 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
100
| Size |
| 2,066 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 60 Days |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
100
| Size | 2,066 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 60 Days |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,078,776 | |
| Land Assessment | $1,125,600 | Total Assessment | $3,204,376 |
Property Taxes
Parcel Numbers
Land Assessment
$1,125,600
Improvements Assessment
$2,078,776
Total Assessment
$3,204,376
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
8525 FM 359 Rd S
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