Property History
Sands Investment Group is pleased to exclusively offer for sale the 10,000 SF Shops at Candela, a newly constructed Class A retail center (2025) located at 11225 FM 359 in Richmond, TX. This high-quality asset has one executed lease with the remaining GLA delivered as vacant shell space, offering investors a prime value-add opportunity to curate tenant mix, drive income growth, and capitalize on a brand-new construction property in a future Candela Master Planned Community.
Brand-New Class A Construction (2025): Exceptional new-build quality offering modern design, infrastructure, and efficiency.
Flexible Leasing Opportunity: Open slate with one lease in place and the balance of GLA available for lease-up, providing strong upside potential.
Proximity to Major Master-Planned Growth: Adjacent to Hines’ 3,000-acre community fueling strong residential and retail expansion.
Located Within Candela Master-Planned Community: 500-acre development by Johnson Development ensuring steady community-driven traffic.
Immediate Adjacency to Candela Retail Development: Next to Massive Capital’s 61,000 SF Class A retail center enhancing synergy and visibility.
Strategic Corner Location: Prominent visibility and access at the intersection of FM 359 and McKinnon Road, one of the area’s most active growth corridors.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
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Comparable Properties
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