Fulshear Square | 28432 FM 10903
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Fulshear Square 28432 FM 10903
17,517 SF 100% Leased 4-Star Retail Building Fulshear, TX 77441 $12,588,742 CAD ($719 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Located in the “Fastest Growing Small Town in America”
- 7 Tenants include an Ideal Mix of Daily Needs, Services and Dining
- First Local Retail Strip Center for Affluent Fulshear
- Surrounded by Master Planned Communities
Executive Summary
This brand new, fully-leased strip center sits on a high-traffic corner in booming Fulshear, which was ranked the “fastest growing small town in America” in 2023, having grown tenfold in size between 2010-2020. The tenants are ideally suited to this affluent market: average household incomes exceed $185K within a 3 mile radius.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,517 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$12,588,742 CAD
Price Per SF
$719 CAD
Cap Rate
6.50%
NOI
$818,268 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Land Acres
2.00 AC
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $116,087 CAD | |
Land Assessment | $5,212,543 CAD | Total Assessment | $5,329,052 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,212,543 CAD
Improvements Assessment
$116,087 CAD
Total Assessment
$5,329,052 CAD
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Fulshear Square | 28432 FM 10903
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