Big O Tires Investment
1136 Spring Cypress Road Spring, TX 77373
For Sale
Contact for pricing
5,025 SF Big O Tires in Spring, TX for sale.
Property Size5,025 SF
Price / SF$446.46
Days on Market76
Property Features for 1136 Spring Cypress Road
General Information
- Standard status
- Active
- Size
- 5,025 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1973
Listing Agency:
Sands Investment Group
Listed By:
Luke Wakefield · License #GA 361563
Source:
Crexi
Added: May 12
Changed: Jul 10
Last Checked: Jul 24 at 5:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group
Investment Insights
Based on property information with market context.
The property is a 5,025 SF Big O Tires located at 1136 Spring Cypress Road in Spring, TX. It is an automotive and retail property. The property is for sale and features a 20-year Absolute Triple Net (NNN) Lease with 10% rental increases every 5 years, providing stable, long-term income with zero landlord responsibilities. The lease is backed by an award-winning, experienced multi-unit operator, ensuring a reliable and low-management investment opportunity.
Key Highlights
- 20‑year absolute triple net (NNN) lease provides a stable, long‑term investment.
- Zero landlord responsibilities offer a truly passive income stream.
- Enjoy 10% rental increases every 5 years, ensuring growing returns.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.1k | $20.52 |
| − Vacancy | −$5.8k | −$1.15 |
| EGI | $97.3k | $19.37 |
| − OpEx | −$29.2k | −$5.81 |
| NOI | $68.1k | $13.56 |
5,025 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$973.4K
$851.7K – $1.14M
NOI $68,137 @ 7.0% cap · market cap 3.04%
Second Best
Industrial
$365.4K
$319.7K – $426.3K
NOI $25,576 @ 7.0% cap · market cap 1.14%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,800 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Taylor Tire And Automotive
Auto Repair Shop
Similar Off Market Nearby
- David's DelTron Transmissions — 20702 Sleepy Hollow, Spring, TX 77388
- COH Texas Reconditioning LLC — 20818 sunshine ln, spring, tx 77388
- Top Line Auto Collision — 20814 sleepy hollow, spring, tx 77388
- Ruiz PerformanceTransmission — 20710 Sunshine Ln, Spring, TX 77388
- Northern Tool & equip Co — 14950 Interstate 45 N, Spring, TX 77388, United States
FAQs
What type of property is this?
Auto shop - 5,025 SF Big O Tires in Spring, TX for sale.
Where is this auto shop located?
The property is located at 1136 Spring Cypress Road Spring, TX.
What is the asking price?
The asking price for this property is $2,243,478.
What are key features of this property?
This property features: 20‑year absolute triple net (NNN) lease provides a stable, long‑term investment.; Zero landlord responsibilities offer a truly passive income stream.; Enjoy 10% rental increases every 5 years, ensuring growing returns.
