212 Friendswood Dr Friendswood, TX 77546
This exceptional Friendswood retail investment opportunity encompasses two buildings totaling 19,982 square feet, situated at 212/214 S Friendswood Dr, Friendswood, TX 77546, and cross-streets at W Shadowbend. The property features seven suites, ideal for multiple tenants, with available spaces ranging from 1,700 to 10,532 square feet. Currently configured to accommodate grocery stores and department stores, as well as restaurants and other retail uses, this property presents a versatile investment opportunity. The property underwent a complete renovation in 2022, ensuring modern and updated facilities for tenants. The strategic location within the Friendswood submarket offers excellent visibility and accessibility. A significant advantage is the ongoing development of a new project directly behind the property, promising increased foot traffic and enhanced visibility. This development, coupled with the recent building and parking lot upgrades, positions this retail center for substantial growth and increased tenant demand. One space remains, measuring 1,700 square feet, perfectly suited for a restaurant or unique retail concept. Don't miss this chance to secure a prime location in a thriving community.
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Shipley Do-Nuts Bakery Discount Store
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Trunk Opening Friendswood TX Corporate Office
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Great Harvest Bakery & Cafe Friendswood Bakery Specialty Food Shop
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CUTE NAILS ( C NAILS ) Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.