New Retail Shopping
5430 FM 359 South Brookshire, TX 77423
New
5430 FM 359 South, Brookshire, TX, 77423
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For Sale
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Built in 2023 with eight suites and 100% occupancy under triple-net lease structures.
Property Size17,466 SF
Lot Size1.93 Acres
Price / SF$360.13
Days on Market7
Property Features for 5430 FM 359 South
General Information
- Standard status
- Active
- Size
- 17,466 SF
- Lot size
- 1.93 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agency
Reality 1 Partners
Listed by
Kris Bender · License #TX 00324828
Source
Crexi
Added: Jul 16 Updated: Jul 21 at 7:06PM Checked: Jul 21 at 7:06PM
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 Reality 1 Partners
Investment Insights
Based on property information with market context.
Gateway 359 is a newly constructed retail shopping center built in 2023. The property totals 17,466 SF across eight suites on 1.925 acres and is 100% leased. The tenant mix includes six tenants on true triple-net (NNN) leases, anchored by Anytime Fitness in a 5,000 SF space.
The center fronts a signalized corner at FM 359 and Hunt Road. It is located in unincorporated Fort Bend County with no zoning, outside the FEMA floodplain (Flood Zone X). Construction is steel and the building is fully fire-sprinklered.
Two additional suites (Suites 300 and 800, 3,096 SF total) are currently shell spaces under a 12-month seller master lease at $29.00/SF NNN. Full offering materials, including the rent roll and financials, are available upon request.
The center fronts a signalized corner at FM 359 and Hunt Road. It is located in unincorporated Fort Bend County with no zoning, outside the FEMA floodplain (Flood Zone X). Construction is steel and the building is fully fire-sprinklered.
Two additional suites (Suites 300 and 800, 3,096 SF total) are currently shell spaces under a 12-month seller master lease at $29.00/SF NNN. Full offering materials, including the rent roll and financials, are available upon request.
Key Highlights
- Built in 2023: 17,466 SF retail center on 1.925 acres with 8 suites and 100% occupancy.
- Six tenants on true triple‑net (NNN) leases plus a 12‑month seller master lease at $29.00/SF NNN for two shell suites (Suites 300 & 800, 3,096 SF).
- Day‑one NOI of $424,776, described as expense‑neutral to the buyer.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Built in 2023 with eight suites and 100% occupancy under triple-net lease structures.
Where is this nnn property located?
The property is located at 5430 FM 359 South Brookshire, TX.
What is the asking price?
The asking price for this property is $6,290,000.
What are key features of this property?
This property features: Built in 2023: 17,466 SF retail center on 1.925 acres with 8 suites and 100% occupancy.; Six tenants on true triple‑net (NNN) leases plus a 12‑month seller master lease at $29.00/SF NNN for two shell suites (Suites 300 & 800, 3,096 SF).; Day‑one NOI of $424,776, described as expense‑neutral to the buyer.
