3410 FM 2920 - Storefront Retail/Office FOR SALE


Spring, TX 77388
$2,950,000 USD
713-459-1333
3410 FM 2920, Spring, TX for Sale
$2,950,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 7.06% Cap Rate

3410 FM 2920
Spring, TX 77388


HIGHLIGHTS

  • Frontage Location
  • Straight In-Line Retail Center
  • Value-Add Potential
  • 100 Percent Occupied
  • Easy Access to Interstate 45 and Grand Parkway Toll Road

OVERVIEW

Marcus & Millichap is pleased to exclusively list for sale Meadowhill Retail Center, located at 3410 FM 2920 in Spring, Texas. This 12,000-square-foot retail center is located on approximately 1.21 acres fronting FM 2920. The property’s location allows for easy access to Interstate 45 and Grand Parkway Toll Road. The subject property is 100 percent occupied, accommodating six tenants. An investor could add value by raising rent for the 1,510 square foot space, which is currently occupied by a tenant paying below market rent. Meadowhill Retail Center is located in Spring, Texas, a growing suburb of the Houston area. Several major corporations such as ExxonMobil, Hewlett Packard (HP), and Union Pacific Railroad are headquartered in Spring, drawing corporate demand to the area.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meadowhill Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

Commercial

APN/PARCEL ID

1287340010005

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.