Friendswood Retail Investment
For Sale
Contact for pricing
1720 South Friendswood Drive, Friendswood, TX 77546
100% occupied, net-leased retail center in Friendswood, Texas.
Property Size10,100 SF
Lot Size1.14 Acres
Price / SF$544.55
Days on Market154
Property Features for 1720 South Friendswood Drive
General Information
Standard status
Active
Size
10,100 SF
Lot size
1.14 Acres
Property subtype
Retail
Building Details
Year Built
2021
Listing Agency:
NAI Capital - Orange County
(949) 468-2385
Listed By:
Steve Liu · License #CA 01323150
Source:
Crexi
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 8 at 2:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Capital - Orange County
Investment Insights
Based on property information with market context.
The Friendswood Center is a fully occupied, three-tenant, net-leased retail investment property located in Friendswood, Texas, a suburb of Houston. Constructed in 2021, the building offers approximately 10,100 square feet of space on a 1.14-acre parcel. The property provides ample parking with 51 spaces, resulting in a ratio of 5.04 spaces per 1,000 square feet. The tenant mix includes a pet supply store, a medical office, and a food and beverage establishment. The current leases have initial terms remaining from 3 to 6 years, with multiple options for renewal. All tenants are well-known brands with numerous locations, ranging from 56 to 1,600 stores. The property is situated in Friendswood, an affluent community with an average annual household income exceeding $190,000 and home values over $500,000.
Key Highlights
- 100% Occupied 3‑Tenant Net Leased Retail Investment
- Located in Affluent Houston Suburb of Friendswood with High Household Incomes
- Relatively New Construction (2021)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Five Below
Shops & Services
16,301 visits/mo
0.5 miles
Demographics for 77546, TX
54,670
Population
19,600
Households
2.8
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
27.2 sq mi
ZIP Area
2,010
Density / Sq Mi
$121,914
Median Household Income
$67,580
Median Earnings
$1,689
Median Rent
$354,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - 100% occupied, net-leased retail center in Friendswood, Texas.
Where is this strip mall located?
The property is located at 1720 South Friendswood Drive Friendswood, TX.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 100% Occupied 3‑Tenant Net Leased Retail Investment; Located in Affluent Houston Suburb of Friendswood with High Household Incomes; Relatively New Construction (2021)
