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Candela Retail Center FM 1463 & FM 359 S Extension 31,000 - 62,000 SF of Retail Space Available in Fulshear, TX 77494

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HIGHLIGHTS

  • Candela Retail Center is currently offering 62,000 square feet of retail space for prelease, conveniently located just west of Downtown Houston.
  • Fulshear is experiencing rapid residential growth within a 5-mile radius, where the average household income is $162,620.
  • Benefiting from a substantial presence of well-known retailers, including Whataburger, McDonald’s, Chick-fil-A, and Starbucks.
  • Take advantage of the highly visible, prominent placement on FM 359 S Extension with access to lofty daily traffic counts.
  • Nestled right beside new apartment and residential developments, ensuring a fresh and robust built-in consumer base.
  • Prospective tenants have excellent options to choose from with two drive-thru facilities and two spacious patios for restaurants.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • CEILING
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 31,000 SF
  • 16’5”
  • 1-5 Years
  • $35.00 /SF/YR $2.92 /SF/MO $1,085,000 /YR $90,417 /MO
  • Triple Net (NNN)
FM 1463 & FM 359 S Extension - 1st Floor
Space Use
Retail
Condition
Shell Space
Availability
Now

Space in shell condition, can be subdivided, ready for custom build-out. Landlord offering a generous Tenant Improvement (TI) allowance.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 16’5”
  • Drive Thru
  • Patio
  • 1st Floor
  • 31,000 SF
  • 12’
  • 1-5 Years
  • $35.00 /SF/YR $2.92 /SF/MO $1,085,000 /YR $90,417 /MO
  • Triple Net (NNN)
FM 1463 & FM 359 S Extension - 1st Floor
Space Use
Retail
Condition
Shell Space
Availability
Now

Space in shell condition, can be subdivided, ready for custom build-out. Landlord offering a generous tenant improvement (TI) allowance

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 12’
  • Drive Thru
  • Drive-thru
  • Grease Trap
  • Patio Space Available
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 31,000 SF 16’5” 1-5 Years $35.00 /SF/YR $2.92 /SF/MO $1,085,000 /YR $90,417 /MO Triple Net (NNN)
1st Floor 31,000 SF 12’ 1-5 Years $35.00 /SF/YR $2.92 /SF/MO $1,085,000 /YR $90,417 /MO Triple Net (NNN)

FM 1463 & FM 359 S Extension - 1st Floor

Size
31,000 SF
Ceiling
16’5”
Term
1-5 Years
Rental Rate
$35.00 /SF/YR $2.92 /SF/MO $1,085,000 /YR $90,417 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Space in shell condition, can be subdivided, ready for custom build-out. Landlord offering a generous Tenant Improvement (TI) allowance.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 16’5”
  • Drive Thru
  • Patio

FM 1463 & FM 359 S Extension - 1st Floor

Size
31,000 SF
Ceiling
12’
Term
1-5 Years
Rental Rate
$35.00 /SF/YR $2.92 /SF/MO $1,085,000 /YR $90,417 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Space in shell condition, can be subdivided, ready for custom build-out. Landlord offering a generous tenant improvement (TI) allowance

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Finished Ceilings: 12’
  • Drive Thru
  • Drive-thru
  • Grease Trap
  • Patio Space Available

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

TENANTS AT CANDELA RETAIL CENTER

  • TENANT
  • DESCRIPTION
  • SIZE
  • MOVE DATE
  • US LOCATIONS
  • REACH
  • Happy Dental
  • Services
  • -
  • -
  • -
  • -
  • Candela Liquor
  • Retailer
  • -
  • -
  • -
  • -
TENANT DESCRIPTION SIZE MOVE DATE US LOCATIONS REACH
Happy Dental Services - - - -
Candela Liquor Retailer - - - -

PROPERTY FACTS

Total Space Available 62,000 SF
Center Type Strip Center
Stores 2
Center Properties 2
Frontage 300’ on FM 1463 & FM 359 S
Gross Leasable Area 62,000 SF
Total Land Area 386.31 AC
Year Built 2026

ABOUT THE PROPERTY

Candela Retail Center offers tenants and businesses the chance to pre-lease space in Fulshear’s newest location. Located at the highly visible intersection of FM 1463 and FM 359 S Extension, Candela Retail Center is the place to be. The property broke ground in October 2025, allowing tenants to choose their specific new space. It provides retailers with an exceptional opportunity to establish a presence in a highly sought-after area. The Candela Retail Center offers versatile build-out configurations designed to accommodate various business requirements, as well as competitive rental incentives for qualified tenants. The site features dedicated drive-thru lanes and expansive patio areas, making it suitable for businesses aiming to improve customer convenience and access to outdoor space. Fulshear has become a major spot for retail, ranking among the fastest-growing cities in the country. It's part of the Far Southwest Submarket and shines as one of Houston's top shopping areas, thanks to high household incomes and rapid population growth. About 30 miles southwest of Downtown Houston, this region covers Richmond and Rosenberg, two cities that have seen significant expansion over the past decade. With convenient access to Interstates 10 and 69 and the Grand Parkway (State Highway 99), the area provides an alternative to Sugar Land/Missouri City in the east and Katy in the north. Residents can easily reach key employment centers like the Energy Corridor, Galleria/Uptown, Downtown, and Texas Medical Center. The area continues to see development because of its plentiful land, affordability, and strong demographic trends. Over the past 10 years, retail space has grown by more than 45%, marking one of the biggest increases in the Houston metropolitan area. Ideally positioned amidst numerous apartment complexes and residential communities, this center is perfectly situated to serve over 1,700 families within Candela’s lively area. Retailers enjoy proximity to six master-planned neighborhoods surrounding the property. There are many retailers and restaurants drawing in significant traffic to the area, with big names such as Swig, Whataburger, The UPS Store, Ulta Beauty, Walmart Supercenter, T.J. Maxx, and more. Candela Retail Center is designed to support retailers in creating memorable shopping and dining experiences, making it a compelling choice for businesses seeking a fresh space.

  • Signage
  • Drive Thru

MARKETING BROCHURE

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
2,806
56,275
142,099
233,909
2029 Population
3,605
67,693
169,934
267,101
2024-2029 Projected Population Growth
28.5%
20.3%
19.6%
14.2%
Median Age
35.1
36.0
36.8
37.2
College Degree + Higher
65%
65%
66%
37%
Daytime Employees
545
6,577
18,254
31,108
Total Businesses
69
1,037
2,756
5,267
Average Household Income
$137,668
$168,039
$162,620
$165,151
Median Household Income
$127,725
$144,612
$139,657
$143,951
Total Consumer Spending
$38.1M
$773.8M
$2B
$3.1B
2024 Households
890
16,517
42,521
71,515
Average Home Value
$378,906
$436,780
$460,939
$553,839

ABOUT FAR SOUTHWEST

Retail demand in this part of Southwest Houston continues to surge, fueled by strong residential growth and the rapid expansion of master-planned communities along and near the Grand Parkway (State Highway 99). Neighborhoods such as Seabourne Meadows, Summer Lakes, Weston Lakes, and Mockingbird Ridge Estates are contributing to a steady influx of new households, driving increased demand for retail, dining, and entertainment options.

The area benefits from excellent transportation connectivity, with major highways including Interstate 69, U.S. Highway 90, and Highway 36 providing direct access to key employment centers and surrounding suburbs. This accessibility enhances the appeal of the region for both tenants and consumers.

Retail offerings are diverse and well-aligned with local needs, ranging from necessity-based and convenience retailers to discount and home goods stores. National brands such as Kroger, Target, Home Depot, and 99 Cents Only serve the growing population base, while nearby parks and community landmarks add to the area's livability and foot traffic potential.

Despite strong demand, retail rents in this area remain relatively affordable compared to more established retail nodes closer to Houston’s urban core. This pricing advantage—combined with robust population growth, expanding master-planned communities, and excellent highway access—makes the area an attractive option for retailers seeking high-visibility locations with access to a growing consumer base.

NEARBY MAJOR RETAILERS

Freddy's Frozen Custard & Steakburgers
Spring Creek Barbeque
Cadence Bank
Goldfish Swim School

LEASING AGENT

LEASING AGENT

Kris Bender, Director of Real Estate
Kris Bender has 3 years of commercial retail development and leasing experience.  Kris also has 15+ years as a small business owner/operator under his belt, including seven years as a multi-unit owner of TITLE Boxing Club in Clarksville, TN and Orlando FL, and seven years as a multi-restaurant developer, owner, operator. Kris was also in the US Army for 10 years, specializing in Leadership Development.
  • Listing ID: 33246946

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: FM 1463 & FM 359 S Extension, Fulshear, TX 77494

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