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River's Edge Court
503 FM 359,   Richmond, Texas 77406

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Location: 503 FM 359 Region: SW
Annual Rent: Key Map: 566-S
Triple NNN Rent: Sale/Lease: For Sale
Class: A- Space Available: 1,256 SF
Building Size: 17,674 Square Feet Date Available: 10/01/2016
Land Size: 86,535 Square Feet Status: Sold
Property Type: Retail Occupancy: 93%
Price: Call For Pricing Year Built: 2006
Description: River’s Edge Court is a 17,674 SF shopping center, strategically built parallel to FM 359 for maximum visibility and exposure. Built in 2006, the Center is situated on 1.986 acres and is constructed of concrete with an attractive mixture of stone and brick veneer, and an anodized aluminum storefront with tinted glass. The foundation and 98 space parking lot are constructed of concrete. The property has eight tenant spaces, consisting of suite sizes range from 1,256 SF to 5,742 SF. All leases are "Triple Net", with each tenant being responsible for their own utilities and HVAC systems, as well as most other common area charges, including management fees. The Property also has a multi-tenant monument sign for additional exposure to FM 359’s over 20,000 cars per day. The Center is currently 93% leased including Clancy’s Public House Restaurant & Bar, The UPS Store, Startex Title Agency (owned by Fidelity), Edward Jones Investments, Hollywood Nails, Hummingbird Bakery, Mugz Coffee Bar, and small 1,256 SF vacancy which the Seller has agreed to master lease for twelve months following closing. Also, lease expirations are staggered and many leases provide for rental increases during the term.

River’s Edge Court is located on FM 359 between Highway 90-A and Mason Road. It is in the Richmond area, a southwestern suburb of Houston, Texas, boasting an average household income of $102,974 in a 3 mile radius. The property is located at the main entrance to River’s Edge, a 386 acre master planned community 5 acres of sports fields, a recreation center, 2 residential lakes, a nature park, and a recreation center. River’s Edge Court is just 8 miles south of Cinco Ranch, 7 miles west of Sugar Land, and 1.5 miles northwest of Richmond, with convenient access to Highway 90, Grand Parkway, US-59 & Westpark Toll Road. In addition, the Property is surrounded by thriving residential subdivisions, including Pecan Grove – a 1,450 acre master planned residential community with over 13,000 residents.


Leasing Agent: David Werlin    

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