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HANOVER PLAZA 2400 Fm 2920 Rd

29,117 SF 88% Leased Retail Building Spring, TX 77388 For Sale

Investment Highlights

  • PRIME LOCATION AND HIGH TRAFFIC: Hanover Plaza’s strategic location along Farm to Market 2920 Highway ensures excellent visibility.
  • MODERN DESIGN AND WELL-MAINTAINED PROPERTY: Completed in 2007, Hanover Plaza features a modern design and is well-maintained.
  • DIVERSE TENANT MIX AND STRONG INCOME: With a well-established and diverse tenant mix, Hanover Plaza offers a stable and reliable income stream.

Executive Summary

Broker of Record
Patrick Graham
License No. 9005919 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
29,117 SF
Building Class
B
Year Built
2007
NOI
$375,659
Percent Leased
88%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Land Acres
3.19 AC
Parking
158 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
402 FT on Fm 2920 Rd

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,600 SF
  • Retail
  • -
  • Now

Second generation clothing space

  • 130
  • 2,000 SF
  • Retail
  • In-Line
  • 30 Days

Current Smoke Shop, wanting to vacate. Landlord interested in finding a new tenant.

  • 180
  • 1,950 SF
  • Retail
  • End Cap
  • Now

Former martial arts space

Space Size Space Use Position Available
1st Floor 1,600 SF Retail - Now
130 2,000 SF Retail In-Line 30 Days
180 1,950 SF Retail End Cap Now

1st Floor

Size
1,600 SF
Space Use
Retail
Position
-
Available
Now

130

Size
2,000 SF
Space Use
Retail
Position
In-Line
Available
30 Days

180

Size
1,950 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 1,600 SF
Space Use Retail
Position -
Available Now

Second generation clothing space

130

Size 2,000 SF
Space Use Retail
Position In-Line
Available 30 Days

Current Smoke Shop, wanting to vacate. Landlord interested in finding a new tenant.

180

Size 1,950 SF
Space Use Retail
Position End Cap
Available Now

Former martial arts space

Nearby Major Retailers

H-E-B
Chase Bank
ALDI
Anytime Fitness
Amegy Bank
Starbucks
Burgerim
Salata
Dutch Bros
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1306500010001
Land Assessment
$1,540,175
Improvements Assessment
$1,862,257
Total Assessment
$3,402,432
  • Listing ID: 33780291

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 2400 Fm 2920 Rd, Spring, TX 77388

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