19150 W Bellfort Dr - Freestanding FOR SALE


Richmond, TX 77407- Aliana
$7,773,908 USD
858-414-7849
19150 W Bellfort Dr, Richmond, TX for Sale
$7,773,908 USD
Freestanding - FOR SALE
1/6
null | 6.5% Cap Rate

19150 W Bellfort Dr
Richmond, TX 77407
Aliana


HIGHLIGHTS

  • NNN Lease Structure - Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM).
  • Transferable Roof Warranty - 20-year roof warranty was issued at the time of construction with over 15 years of guaranteed coverage remaining.
  • Priced Below Replacement Cost at roughly $123/SF, this asset holds positive attributes from a price/sf basis.
  • Premier Anchor Tenant - Academy Sports is strategically positioned within Waterview Town Center, one of Richmond’s most established retail hubs.
  • Prestigious Upcoming Development - Brand-New Sprouts under construction next door set to open summer of 2025.

OVERVIEW

Positioned in the heart of Richmond’s rapidly expanding retail corridor, 19150 W Bellfort offers investors a rare opportunity to acquire a high-performing, corporately guaranteed single-tenant asset leased to Academy Sports + Outdoors. This 63,163 SF freestanding retail building sits on 5.35 acres within Waterview Town Center, one of Fort Bend County’s most dynamic mixed-use developments. The property benefits from a long-term NNN lease with 9.5 years remaining and three five-year renewal options extending through 2050, providing stable cash flow and minimal landlord responsibilities limited to roof, structure, foundation, and exterior utilities. Strategically located off Grand Parkway (±47,000 VPD) and Harlem Road (26,000 VPD), the site enjoys exceptional visibility and access to a dense and affluent consumer base. The surrounding area is undergoing significant residential growth, including over 1,000 luxury multifamily units under development, and is anchored by national retailers such as Sprouts, Target, Costco, and HEB. With a transferable 20-year roof warranty and pricing below replacement cost at $123/SF, this asset offers a compelling blend of security, upside, and long-term value in one of Houston’s fastest-growing submarkets.

FOR SALE DETAILS

PRICE

$7,773,908 USD

PRICE/SF

$123 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 2

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

355

LAND DETAILS

LAND ACRES

9.01 AC

LAND SF

392,476 SF

ZONING

F1

APN/PARCEL ID

0062-00-000-4006-907,0062-00-000-4019-907

ASK ABOUT THIS PROPERTY

Christopher LaskeroAlpha Real Estate AdvisorsMore Info
858-414-7849

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Christopher LaskeroAlpha Real Estate AdvisorsMore Info
858-414-7849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.