0 Fm 528 Rd Friendswood, TX 77546
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.
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.