2926 Louetta Rd - Freestanding FOR SALE


Spring, TX 77388- Cypresswood
$1,811,000 USD
954-332-0210
2926 Louetta Rd, Spring, TX for Sale
$1,811,000 USD
Freestanding - FOR SALE
1/4
null | 6.25% Cap Rate

2926 Louetta Rd
Spring, TX 77388
Cypresswood


HIGHLIGHTS

  • Passive Investment Structure – Offers investors a hands-off ownership opportunity with no landlord management responsibilities
  • High-Visibility Location – Positioned along a corridor with strong traffic counts of approximately 37,300 vehicles per day
  • Near-Term Lease Expiration – Upcoming lease expiration creates potential upside through renewal negotiations, lease restructuring
  • Strong Area Demographics – Supported by an average household income of $109,541 within a 10-mile radius
  • Dense Surrounding Population – Benefits from a sizable consumer base of 908,980 residents within a 10-mile radius
  • Established Tenant Operating History – Tenant has operated at the location since 2008, demonstrating long-term commitment and historical performance a

OVERVIEW

Patrick Graham Matthews Real Estate Investment Services, Inc License # 9005919, 528005 (TX) 2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,811,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Napa Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

CB

APN/PARCEL ID

1313490010001

ASK ABOUT THIS PROPERTY

Michael CashmanMatthews Real Estate Investment ServicesMore Info
954-332-0210

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Michael CashmanMatthews Real Estate Investment ServicesMore Info
954-332-0210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.