Shops at Aliana 1 | 18320 W Airport Blvd
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Shops at Aliana 1 18320 W Airport Blvd
12,064 SF 100% Leased 4-Star Retail Building Richmond, TX 77407 £5,133,362 (£426/SF) 6% Net Initial Yield
Investment Highlights
- Neighboring new 350 unit West End Luxury apartments
- Texas has no state income tax, estate tax, or inheritance tax
- 3 minutes from the Market Center power retail center
- High income master planned communities nearby include Aliana, Long Meadow Farms, Waterside Estates and Harvest Green
- Easy access to Grand Parkway 99 freeway and the FM 1464 corridor
- Internet resistant long term tenants
Executive Summary
Prime retail center built in 2018. On the front door to the Aliana master planned community and the heart of Fort Bend County. Centralized location close to The Market Power center and Waterview Town Center which is home to many major retailers such as TJ Maxx, Academy Outdoor, LA Fitness, Target, HEB, and the 4 million SF Amazon fulfillment center. Within a three mile radius to major schools in the area and a 30 minute drive to the uptown/Galleria area.
Aliana is a well-known top-ranked, premier 2,000+ acre master-planned community in Texas and further anticipated growth which allows for even higher rental upside.
Aliana is a well-known top-ranked, premier 2,000+ acre master-planned community in Texas and further anticipated growth which allows for even higher rental upside.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
12,064 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Price
£5,133,362
Price Per SF
£426
Net Initial Yield
6%
NOI
£308,002
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.15
Land Acres
1.89 AC
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £3,903,169 | |
| Land Assessment | £1,141,140 | Total Assessment | £5,044,310 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,141,140
Improvements Assessment
£3,903,169
Total Assessment
£5,044,310
-
Rafael Melara -
ROM Commercial Properties
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Shops at Aliana 1 | 18320 W Airport Blvd
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