713-852-3535
8765-8765 Spring Cypress Rd, Spring, TX for Sale
Retail - FOR SALE
1/8
null | Request Cap Rate

8765-8765 Spring Cypress Rd
Spring, TX 77379
Cypresswood


HIGHLIGHTS

  • Established Kroger grocery anchored asset with 6.6 years of WALT
  • Superior neighborhood location along Spring Cypress Rd (46k+ VPD)
  • Significant value creation via leas up and 7%+ mark-to-market opportunity
  • Established and curated merchandising mix with 88% internet resistant tenancy
  • Affluent surrounding demographics ($119k+ AHHI)

OVERVIEW

Jones Lang LaSalle (“JLL”) is pleased to offer Stables Town Center (“The Property”), an exceptional 148,045-square-foot retail center anchored by Kroger and strategically located at the hard corner of Spring Cypress Road and Champion Forest Drive. Positioned just 2.5 miles from Highway 249 in the thriving Champions Forest submarket, this property serves as a cornerstone retail destination for Northwest Houston’s affluent communities. Operating at 93% occupancy, the center draws more than 2.5 million visitors annually, leveraging superior visibility and accessibility within Northwest Houston’s most desirable residential areas. The Kroger anchor enjoys an optimal neighborhood position, providing essential services to the surrounding community. The property maintains a diversified tenant portfolio spanning grocery, dining, and service providers, with 8.2 years of average tenure.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stables Town Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

426

LAND DETAILS

LAND ACRES

6.85 AC

LAND SF

298,386 SF

ZONING

-

APN/PARCEL ID

1215280010006,1215280010009

ASK ABOUT THIS PROPERTY

Ryan WestJLLMore Info
713-852-3535

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

Ryan WestJLLMore Info
713-852-3535

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