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    Fm 528 Rd Friendswood, TX 77546

    For Lease
    Contact for pricing

    Friendswood, TX retail opportunity

    Lot size:
    19,445 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A retail space, located in the City Center development in Friendswood, Texas, offers 1,500 to 19,445 square feet of flexible space, perfect for a variety of uses including retail, medical, office, or restaurant establishments. Situated on FM 528, a major thoroughfare, this property benefits from high visibility and accessibility. The development, spanning 106 acres, is a mixed-use project encompassing a hotel, professional/medical offices, luxury apartments/condos, and extensive parkland. The project is slated for phased completion between 2024 and 2028, with groundbreaking anticipated in late summer 2024 and shell delivery approximately eight months later. The development also includes a planned extension of Blackhawk Blvd. to Bay Area Blvd. to enhance traffic flow. This prime location within a thriving community offers significant growth potential and is poised to become a landmark destination. Minimum leasable space is 1,500 square feet, with a total building area of 19,445 square feet. The building is scheduled for completion in 2024. This is an unparalleled opportunity to establish a presence in a rapidly growing area.

    Property Features for 0 Fm 528 Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,445 SF
    Class
    A

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    14,000 SF

    HighLights

    • Class A retail space, 1,500‑19,445 SF, flexible use (retail, medical, office, restaurant).
    • High‑visibility location on FM 528 in Friendswood, TX's City Center development.
    • 106‑acre mixed‑use development including hotel, offices, residential, and parkland; phased completion 2024‑2028.
    • Shell delivery approximately eight months after late summer 2024 groundbreaking.
    • Prime location in a rapidly growing area with significant growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Friendswood
    County
    Harris
    State
    Texas
    Longitude
    -95.171978416803
    Latitude
    29.521177762966

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    FAQs

    What type of property is this?
    Restaurant - Friendswood, TX retail opportunity
    Where is this restaurant located?
    The property is located at Fm 528 Rd Friendswood, TX.
    What are key features of this property?
    This property features: Class A retail space, 1,500-19,445 SF, flexible use (retail, medical, office, restaurant).; High-visibility location on FM 528 in Friendswood, TX's City Center development.; 106-acre mixed-use development including hotel, offices, residential, and parkland; phased completion 2024-2028.
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    Fm 528 Rd Friendswood, TX 77546
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    Friendswood, TX 77546
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Fm 528 Rd Friendswood, TX 77546
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