For Sale
$6,497,844

18320 Airport BlvdRichmond, TX 77407

High-Income Retail Investment, 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 12,054 square foot retail center, located at 18320 W Airport Blvd in Richmond, Texas (77407), presents a lucrative investment opportunity. Built in 2018, the property boasts a 6.00% cap rate and a strong net operating income (NOI) of $38,987,064, reflecting its 100% occupancy. Situated on a 1.89-acre lot, the center offers ample parking with 65 spaces. Its prime location benefits from proximity to major thoroughfares like Grand Parkway 99 and FM 1464, ensuring high visibility and accessibility. The Shops at Aliana is strategically positioned within thriving master-planned communities, including Aliana, Long Meadow Farms, Waterside Estates, and Harvest Green, guaranteeing a substantial customer base. Furthermore, its adjacency to a new 350-unit luxury apartment complex and a large Amazon fulfillment center further enhances its appeal and potential for long-term growth. The property's tenant mix includes businesses that are resistant to online competition, providing stability and resilience in the current market. This Class A retail center offers a compelling combination of strong financial performance, prime location, and a diverse tenant base, making it an ideal addition to any investment portfolio. The asking price is $6,497,844.

Highlights

  • Adjacent to a new 350-unit luxury apartment complex.
  • Surrounded by affluent master-planned communities (Aliana, Long Meadow Farms, Waterside Estates, Harvest Green).
  • Near a major Amazon fulfillment center.
  • Excellent access to Grand Parkway 99 and FM 1464.
  • Convenient to new restaurants and entertainment venues.

Property Details for 18320 Airport Blvd

Property type
Retail properties
Square Feet
12,054 SF
Year Built
2018
Lot Size (sq. ft)
82,328 SF

Location Insight

City
Richmond
County
Fort Bend
State
Texas
Latitude
29.6516975
Longitude
-95.7041953
18320 Airport Blvd, Richmond, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
18320 Airport Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message