02/02/2024
🏬 Exciting Opportunity! Retail Center for Sale in Spring City, TX! 🏬
Located right off Freeway 99, this stabilized retail hub boasts a vibrant mix of national and local tenants—resilient against E-Commerce trends. Ideal proximity to Beltway 8, 45 corridor, Bush IAH airport, The Woodlands, and Kingwood master-planned communities.
🏢 Shadowed by a new Class A 400-unit apartment complex, this gem is near FM1960, less than 1 mile from I45 freeway, and close to the Tesla service center.
📍 Location: Shops at Grand Parkway, 6941 Spring Stunner, Spring TX 77389, right off 99 Grand Parkway.
🚗 High Traffic: 65,550 vehicles, 💰 NOI: $487,050, 💼 Cap Rate: 6.2%, 🏡 Residents within 2 miles: nearly 59,000.
🏬 Building: 17,600 sqft, 🏞️ Lot size: 63,872 sqft, 🛠️ Built: 2023.
🅿️ Parking: 97 spaces, 5.5 per 1000 sqft.
~~~~~~>>>>Asking Price $7,855,657
Please contact :LA Rafael Melara : 713-237-000
Stephanie Duong 713-505-8279
Don't miss out on this fantastic investment opportunity! DM for details. 📩
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