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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Fm 528 Rd Friendswood, TX 77546

19,445 SF Built 2024
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 19,445 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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