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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.

Data Room Click Here to Access

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
  • 1st Floor
  • 1,500 SF
  • Retail
  • End Cap
  • 30 Days

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

F45 Training, Inc.
Outback Steakhouse
La Madeleine
Navy Federal Credit Union
Starbucks
Five Guys
Salata
Orangetheory Fitness
Regions Bank
Olive Garden

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1409610010001
Land Assessment
$2,864,500
Improvements Assessment
$0
Total Assessment
$2,864,500
  • Listing ID: 30843288

  • Date on Market: 2/1/2024

  • Last Updated:

  • Address: 6941 Spring Stuebner Rd, Spring, TX 77379

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