7301 Grand PkwyRichmond, TX 77407

For Sale
Call for price

177,000 SF building, 19.74 acres

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 177,000 square foot building sits on a 19.74-acre lot in Richmond, TX, a highly desirable Houston suburb. Built in 2013, this former 22-screen theater boasts approximately 5,000 seats, along with an arcade, bowling alley, concessions, restaurants, and ample dining areas. All existing equipment is included in the sale. The property enjoys a prime location on West Grand Parkway South, just south of Westpark Tollway, with over 50,000 cars passing daily. Situated within the Long Meadow Farms Shopping Center, it benefits from over 1 million annual visitors to the center, and proximity to other major retailers like Gallery Furniture and Spring Creek Barbecue. The area boasts a strong demographic profile, with nearly 1.7 million people within a 15-mile radius and an average household income exceeding $123,000 within one mile. Nearby schools have over 700 students each. Importantly, Fort Bend County's lack of zoning restrictions presents a unique redevelopment opportunity for investors. This property offers significant potential for a variety of new uses, capitalizing on its size, location, and existing infrastructure. Three additional shopping centers within three miles generate over 5 million annual visitors, further enhancing the property's potential. This is a truly remarkable redevelopment opportunity in a thriving Houston community.

Highlights

  • 177,000 SF building on a 19.74-acre lot in Richmond, TX, a desirable Houston suburb.
  • Built in 2013, includes all existing equipment.
  • High traffic location: over 50,000 cars daily and over 1 million annual visitors to the immediate trade area.
  • Fort Bend County's lack of zoning restrictions allows for redevelopment.
  • Prime location in Houston suburb with strong demographics.
  • Proximity to three additional shopping centers generating over 5 million annual visitors.

Property Details for 7301 Grand Pkwy

Property type
Other retail properties, Individual retail properties
Square Feet
1,770,000 SF
Year Built
2013
Buildings
1
Lot Size (sq. ft)
859,874 SF

Location Insight

City
Richmond
County
Fort Bend
State
Texas
Latitude
29.6715296
Longitude
-95.7489429
7301 Grand Pkwy, Richmond, Texas

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7301 Grand Pkwy
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