Signalized-Corner Shopping
For Sale
Contact for pricing
17611 Kuykendahl Road, Spring, TX 77379
Every space is occupied by established retail tenants with long-term tenure.
Property Size13,350 SF
Price / SF$190.64
Days on Market9
Property Features for 17611 Kuykendahl Road
General Information
Standard status
Active
Size
13,350 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Traffic Count
35,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
STRIVE Commercial Real Estate Advisors
Listed By:
Jake Dutson · License #702071-SA
Source:
Crexi
Added: Sep 18
Changed: Sep 24
Last Checked: Sep 26 at 4:13AM
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 STRIVE Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This 13,350-square-foot shopping center is fully leased to established tenants. Its position at the signal-controlled junction of Kuykendahl Road and Spring Rain Drive places the property on a prominent retail corner in Spring, Texas.
Kuykendahl Road carries more than 35,000 average vehicles per day. Within a 5-mile radius, the area has a population of over 312,000 and average household income exceeding $102,000. Nearby destinations include Strack Intermediate School, Benfer Elementary School, Walmart, Kroger, and other national retailers.
Kuykendahl Road carries more than 35,000 average vehicles per day. Within a 5-mile radius, the area has a population of over 312,000 and average household income exceeding $102,000. Nearby destinations include Strack Intermediate School, Benfer Elementary School, Walmart, Kroger, and other national retailers.
Key Highlights
- 100% occupied, with established long‑term tenants
- 13,350 square feet of retail space
- At the signalized intersection of Kuykendahl Road and Spring Rain Drive
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$158,622
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,172,440
$3.2M
Cap Rate 7%
$2,266,029
$2.3M
Cap Rate 9%
$1,762,467
$1.8M
Market Conditions
NOI Build-Up for 13,350 SF
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.
Gross rent
$240.3K $18.00/SF
− Vacancy
−$13.7K −$1.03/SF
EGI
$226.6K $16.97/SF
− OpEx
−$68.0K −$5.09/SF
NOI
$158.6K $11.88/SF
Area
Harris County, TX
Vacancy
5.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,172,440
Cap Rate 7%
$2,266,029
Cap Rate 9%
$1,762,467
Alternative Uses
Best Use
Retail
$2.27M
$1.98M – $2.64M
NOI $158,622 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.65M
$3.19M – $4.25M
NOI $255,167 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
35,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valero Energy
Shops & Services
6,734 visits/mo
0.1 miles
Spring Discount Liquor
Shops & Services
1,950 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Wayne's Barbershop — 17049 Kuykendahl Rd, Houston, TX 77068
Frequently Asked Questions
What type of property is this?
Shopping center - Every space is occupied by established retail tenants with long-term tenure.
Where is this shopping center located?
The property is located at 17611 Kuykendahl Road Spring, TX.
What is the asking price?
The asking price for this property is $2,545,000.
What are key features of this property?
This property features: 100% occupied, with established long‑term tenants; 13,350 square feet of retail space; At the signalized intersection of Kuykendahl Road and Spring Rain Drive
