214-545-6916
7301 W Grand Pky S, Richmond, TX for Sale
Movie Theatre - FOR SALE
1/9
null | Request Cap Rate

7301 W Grand Pky S
Richmond, TX 77407


HIGHLIGHTS

  • Constructed in 2013 and has been well maintained
  • All equipment is included in the sale of the Property
  • Over 1 million visitors a year to immediate trade area
  • Lack of zoning restrictions - ideal for redevelopment
  • Desirable suburb in Houston
  • Over 50,000 cars per day pass the property

OVERVIEW

177,000 SF Building/19.74 Acres (the “Property”) is a 177,000 SF theater located at 7301 W Grand Parkway South in Houston, Texas. The property is specifically located on the West side of Houston in Richmond, TX. Built in 2013, the theater has 22 screens, with ±5,000 seats. The property also offers an arcade, bowling alley, concessions, restaurants, and dining areas. All equipment is included in the sale of the Property. Around 50,000 cars pass the property per day, located on Grand Parkway West and just south of Westpark Tollway. The convenient location provides easy access around the city. The Richmond suburb in Houston is one of the most popular and highly ranked communities in Houston. There are nearly 1.7M people located within 15 miles of the property and average household income within one mile is $123,000. All schools within 5-miles have over 700 students. The former theater is located in the Long Meadow Farms Shopping Center and the center sees over 1 million visits per year. Other shops in the center include Gallery Furniture, Spring Creek Barbecue, Next Level Urgent Care, and other national retailers and restaurants. Fort Bend County has not adopted any zoning ordinances, so this gives a new investor a great opportunity to redevelop the property to a new use.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Theater

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.74 AC

LAND SF

859,813 SF

ZONING

n/a

APN/PARCEL ID

8036-00-001-0010-901

ASK ABOUT THIS PROPERTY

Brandon BeesonEDGE Capital MarketsMore Info
214-545-6916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brandon BeesonEDGE Capital MarketsMore Info
214-545-6916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.