26440 FM 1093 - Storefront FOR SALE


Richmond, TX 77406
$8,032,000 USD
972-755-5225
26440 FM 1093, Richmond, TX for Sale
$8,032,000 USD
Storefront - FOR SALE
1/13
null | 7.3% Cap Rate

26440 FM 1093
Richmond, TX 77406


HIGHLIGHTS

  • 100% Leased on Triple-Net Terms
  • Diverse Mix of Restaurants and Service-Based Retailers
  • Average Rents are Below Market with Staggered Lease Expirations
  • Building has a Metal Roof and Enclosed Outdoor Areas
  • High Traffic Location Near Major Drivers
  • Explosive Affluent Demographic Growth

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$8,032,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes at Westpark

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

87

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

none

APN/PARCEL ID

0574-00-001-0031-914

ASK ABOUT THIS PROPERTY

Philip LevyInstitutional Property AdvisorsMore Info
972-755-5225

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Philip LevyInstitutional Property AdvisorsMore Info
972-755-5225

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