Commons at Hooks Landing | 9116 N Grand Pky W
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Commons at Hooks Landing 9116 N Grand Pky W
17,917 SF 100% Leased Retail Building Tomball, TX 77375 $8,015,000 ($447/SF) 6.50% Cap Rate
Investment Highlights
- Located at Major Lighted Intersection, Fronting Grand Parkway
- Surrounded by affluent neighborhoods
- Curb cut located before the Grand Parkway W. Bound On-Ramp
- Ability to travel North/South on Grand Parkway with direct on/off access to site
- Access on FM 2920 & Grand Parkway feeder
Executive Summary
**For Sale** **COMMONS AT HOOKS LANDING** 9116 N Grand Pkwy W, Tomball, Texas 77375 Situated prominently at a major lighted intersection and spanning 1.45 acres, Commons at Hooks Landing presents an exceptional investment opportunity. The property boasts a 100% occupancy rate, providing a stable income stream with a 6.5% CAP rate and a net operating income of $520,982.08. With a generous building size of 17,917 SF, this prime location offers direct access to Grand Parkway, facilitating convenient North/South travel. Surrounded by affluent neighborhoods, the demographics further underscore the property's potential, with a population of 32,564 within 2 miles and an average household income of $131,270. This thriving area promises a lucrative investment for those seeking a premium commercial asset. Don't miss the chance to acquire a prime piece of real estate in bustling Tomball, Texas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,917 SF
Building Class
C
Year Built
2021
Price
$8,015,000
Price Per SF
$447
Cap Rate
6.50%
NOI
$520,982
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
7.26 AC
Zoning
None
Frontage
272 FT on Grand Parkway
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1503670010002 | Improvements Assessment | $100 |
| Land Assessment | $640,191 | Total Assessment | $640,291 |
PROPERTY TAXES
Parcel Number
1503670010002
Land Assessment
$640,191
Improvements Assessment
$100
Total Assessment
$640,291
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Commons at Hooks Landing | 9116 N Grand Pky W
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