Shops at Grand Parkway and Spring Stuebner | 6941 Spring Stuebner Rd
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Shops at Grand Parkway and Spring Stuebner 6941 Spring Stuebner Rd
17,625 SF 100% Leased Retail Building Spring, TX 77379 $7,493,076 ($425/SF) 6.50% Cap Rate
Investment Highlights
- NEW CONSTRUCTION CLASS A RETAIL CENTER
- INTERNET RESISTANT MIX OF NATIONAL AND LOCAL TENANTS
- HEAVY DAYTIME AND NIGHTIME TRAFFIC
- HARD CORNER WITH PRIME VISIBILITY FROM HIGHWAY 99/SPRING STUEBNER
- SHADOWED BY 400+ UNIT NEW APARTMENT COMPLEX
Executive Summary
PRICE REDUCED!!
PRIME INVESTMENT OPPORTUNITY CLASS A RETAIL CENTER WITH MIXTURE OF NATIONAL AND LOCAL INTERNET RESISTANT TENANTS.
PRIME INVESTMENT OPPORTUNITY CLASS A RETAIL CENTER WITH MIXTURE OF NATIONAL AND LOCAL INTERNET RESISTANT TENANTS.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,625 SF
Building Class
B
Year Built
2023
Price
$7,493,076
Price Per SF
$425
Cap Rate
6.50%
NOI
$487,050
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
7.85 AC
Parking
97 Spaces (5.5 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
LAST SPACE AVAILABLE PRIME ENDCAP
Space | Size | Space Use | Position | Available |
1st Floor | 1,500 SF | Retail | End Cap | 30 Days |
1st Floor
Size |
1,500 SF |
Space Use |
Retail |
Position |
End Cap |
Available |
30 Days |
1st Floor
Size | 1,500 SF |
Space Use | Retail |
Position | End Cap |
Available | 30 Days |
LAST SPACE AVAILABLE PRIME ENDCAP
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1409610010001 | Improvements Assessment | $0 |
Land Assessment | $2,864,500 | Total Assessment | $2,864,500 |
PROPERTY TAXES
Parcel Number
1409610010001
Land Assessment
$2,864,500
Improvements Assessment
$0
Total Assessment
$2,864,500
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Shops at Grand Parkway and Spring Stuebner | 6941 Spring Stuebner Rd
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