4420 Spring Cypress Rd - Storefront Retail/Office FOR SALE


Spring, TX 77388
$3,975,000 USD
936-320-3737
4420 Spring Cypress Rd, Spring, TX for Sale
$3,975,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | 9.79% Cap Rate

4420 Spring Cypress Rd
Spring, TX 77388


HIGHLIGHTS

  • Cap Rate 9.79% (projected on 32% Vacancy) 5.0% Actual
  • Compelling Reason Behind Sale (see package)
  • New Construction - Contemporary Design
  • Exceptional Demographics
  • 26,790 APD
  • Robust Leasing and Tenant Retention Program Provided

OVERVIEW

The $3,975,000 subject investment is an opportunistic asset. Read compelling reason behind sale --your benefit! The center was completed in 2021 and experienced exceptional pre-leasing activity that we believe can be replicated by a new suitor who is willing and able to follow a robust leasing and tenant retention program that is provided within this package.

FOR SALE DETAILS

PRICE

$3,975,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

9.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Opportunistic Asset Cap 9.79% (Achievable)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

1316940010009

ASK ABOUT THIS PROPERTY

David Fisher, CCIMFisher AdvisorsMore Info
936-320-3737

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David Fisher, CCIMFisher AdvisorsMore Info
936-320-3737

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