Strip Mall Retail
New
For Sale
$1,263,000
17552 Stuebner Airline Rd, Spring, TX 77379
Strip mall retail center built in 1971, fronting Stuebner Airline Road in Spring, Texas.
Property Size6,475 SF
Lot Size0.48 Acres
Price / SF$195.06
Days on Market2
Property Features for 17552 Stuebner Airline Rd
General Information
Standard status
Active
Size
6,475 SF
Lot size
0.48 Acres
Property subtype
Shopping Strip
Additional Details
Cap Rate
7.6%
Traffic Count
25,000 vehicles/day
Amenities
Upside Potential: Below-Market Rents Allow Owner to Increase Rents for Value-Add
Located at Signalized Intersection
Stabilized at 100 Percent Occupancy
Property Recently Renovated Including New Roof, Fascia, and Plumbing
Internet-Resistant Tenant Mix
Building Details
Building Size
6,475 SF
Year Built
1971
Listing Agency:
Houston Office
(713) 452-4292
Listed By:
Alex Wolansky, CCIM · License #License(s): TX: 702899
(713) 452-4292
Source:
Marcusmillichap
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 4:38AM
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 Houston Office
Investment Insights
Based on property information with market context.
Stuebner Airline Shopping Center is a strip mall retail center totaling 6,475 square feet on approximately 0.48 acres, built in 1971. The property fronts Stuebner Airline Road, providing direct exposure to passing traffic.
Located in Spring, Texas, the center benefits from its position in a growing suburb of the Houston area. The surrounding corporate presence in the region includes major employers such as ExxonMobil, Hewlett Packard (HP), and Union Pacific Railroad.
The property’s retail configuration and roadway frontage make it suitable for businesses seeking visibility along a heavily traveled corridor.
Located in Spring, Texas, the center benefits from its position in a growing suburb of the Houston area. The surrounding corporate presence in the region includes major employers such as ExxonMobil, Hewlett Packard (HP), and Union Pacific Railroad.
The property’s retail configuration and roadway frontage make it suitable for businesses seeking visibility along a heavily traveled corridor.
Key Highlights
- 6,475‑square‑foot strip mall retail center
- Approximately 0.48 acres
- Fronting Stuebner Airline Road
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 | $132.9k | $20.52 |
| − Vacancy | −$7.4k | −$1.15 |
| EGI | $125.4k | $19.37 |
| − OpEx | −$37.6k | −$5.81 |
| NOI | $87.8k | $13.56 |
6,475 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.10M – $1.46M
NOI $87,799 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.63M
$1.43M – $1.91M
NOI $114,424 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
25,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
678
Businesses Nearby
104k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 83%
Shops & Services 9%
Dining 4%
Electronics 4%
H-E-B
Groceries
86,119 visits/mo
0.5 miles
Texaco
Shops & Services
6,152 visits/mo
0.2 miles
Verizon
Electronics
3,691 visits/mo
0.5 miles
Hartz Chicken Buffet
Dining
2,176 visits/mo
0.5 miles
Exxon
Shops & Services
2,042 visits/mo
0.5 miles
Demographics for 77379, TX
84,704
Population
30,004
Households
2.8
Avg Household Size
38
Median Age
49%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
3,283
Density / Sq Mi
$110,712
Median Household Income
$58,474
Median Earnings
$1,618
Median Rent
$335,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Strip mall retail center built in 1971, fronting Stuebner Airline Road in Spring, Texas.
Where is this strip mall located?
The property is located at 17552 Stuebner Airline Rd Spring, TX.
What is the asking price?
The asking price for this property is $1,263,000.
What are key features of this property?
This property features: 6,475‑square‑foot strip mall retail center; Approximately 0.48 acres; Fronting Stuebner Airline Road
