Grand Mission Retail Center

The development project in Richmond, Texas started in 2011 when XAG Group bought all 4 corners of the intersection on Harlem Road and Beechnut Road in Richmond, TX allowing them to dictate the market which results in more profitability. This site is located on a hard corner with a traffic count of 17,099 VPD and 44.9% of the household income is above 100K and is down the street from an Amazon distribution center. The entire project contains 3 retail centers and a gas station on each corner of the intersection; the Chevron gas station was built in 2012, Grand Mission Retail Center in 2014, Shops at Grand Mission in 2023, and Shops at Grand Mission Phase 2 is expected to be ready in 2024. This retail center has a variety of tenants including Saigon Basil Asian Cuisine, Mariste Pharmacy, Ace 1 Liquor, Pet Check, Xpress Cleaners, Texas Eyecare & Optical, Blueprint Barbershop, Westco Documents, and Dental Garden. This wide range of small businesses from restaurants, medical, cleaners, and additional services and almost 10 years of steady rent roll illustrates the strict underwriting XAG Group does in order to obtain responsible tenants and a successful real estate business.