324 Rayford Rd - Freestanding FOR SALE


Spring, TX 77386
$2,380,000 USD
713-459-1333
324 Rayford Rd, Spring, TX for Sale
$2,380,000 USD
Freestanding - FOR SALE
1/4
null | 7% Cap Rate

324 Rayford Rd
Spring, TX 77386


HIGHLIGHTS

  • Stabilized Rent Roll with Long-Term Leases
  • Rayford Road Allows Direct Access to Interstate 45
  • 100 Percent Occupied: Triple-Net Tenants
  • Near Signalized Intersection
  • Frontage on Rayford Road

OVERVIEW

Marcus & Millichap is pleased to exclusively list for sale Sam’s Plaza, located at 340 Rayford Road in Spring, Texas. This 8,711-square-foot retail center is 100 percent occupied, accommodating two triple-net tenants, protecting an investor from possible increases in future expenses. Sam’s Plaza represents a compelling neighborhood retail investment opportunity positioned within one of North Houston’s fastest-growing suburban corridors. Located just ±1,000 feet from Interstate 45, the asset benefits from exceptional regional connectivity and strong commuter traffic, with approximately 50,000 vehicles per day along Rayford Road and significantly higher volumes along I-45. The surrounding trade area is anchored by national retailers, including H-E-B, Walmart, Kroger, and Walgreens, reinforcing the corridor as a primary retail destination and consistent consumer draw. The average household income exceeds $100,000 within a one-mile radius, indicative of strong purchasing power and favorable tenant sales performance. The asset is embedded within the Imperial Oaks master-planned community, an area experiencing continued residential expansion and population growth, driving retail demand and supporting rent growth across the submarket. Sam’s Plaza is offered for sale at a price of $2,380,000 which represents a 7 percent cap rate. The property offers investors a well located, income-producing retail asset with embedded growth potential and exposure to one of the Houston MSA’s most dynamic suburban retail corridors.

FOR SALE DETAILS

PRICE

$2,380,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sam's Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

Oakhurst

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

6

APN/PARCEL ID

8225-00-00110

ASK ABOUT THIS PROPERTY

Gus LagosMarcus & MillichapMore Info
713-459-1333

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Gus LagosMarcus & MillichapMore Info
713-459-1333

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