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Property profile & analytics
OFF-MARKET
Lifestyle centers

28432 Fm 10903 Fulshear, TX 77441

17,517 SF 2 ac lot Built 2024
Property ID
Property summary
AI-generated overview

Fulshear Square presents a unique investment opportunity in the rapidly expanding Houston MSA. This newly constructed (2024), 17,517 square foot shopping center boasts a 100% occupancy rate with seven diverse tenants, creating a strong and stable income stream. The property is situated on a 2-acre lot at a high-traffic corner in Fulshear, Texas, a town recognized as one of the fastest-growing in America. The center's tenant mix caters to daily needs, services, and dining, perfectly serving the affluent residents of nearby master-planned communities. The asking price is $8,962,000, representing a compelling $511.62 per square foot and a 6.50% capitalization rate. The Net Operating Income (NOI) currently stands at $582,555. All leases are NNN (Triple Net), ensuring full pass-through of expenses, including management fees, minimizing landlord responsibilities. This single-story building offers a straightforward and efficient management structure. The property's location at 28432 FM 10903, Fulshear, TX 77441, provides exceptional visibility and accessibility within this thriving market. This is a rare opportunity to acquire a high-performing, fully leased retail asset in one of the nation's fastest-growing areas.

Property profile
Verified
Property type Lifestyle centers
Year built 2024
Total area 17,517 SF
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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