Freestanding Office and Specialty
19559 Champion Forest Drive Spring, TX 77379
For Sale
Contact for pricing
Single-story freestanding building with substantial interior buildout and infrastructure, originally developed as a childcare facility.
Property Size10,592 SF
Price / SF$360
Days on Market87
Property Features for 19559 Champion Forest Drive
General Information
- Standard status
- Active
- Size
- 10,592 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2019
Listing Agency:
Matthews
Listed By:
Briggs Mosher · License #824844
Source:
Crexi
Added: Apr 28
Changed: Jul 23
Last Checked: Jul 23 at 11:35AM
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 Matthews
Investment Insights
Based on property information with market context.
This freestanding, single-story commercial building was originally developed as a childcare facility and includes substantial interior buildout and in-place infrastructure. The existing configuration offers a functional footprint that can support a range of adaptable, service-oriented uses.
The property is positioned along the heavily trafficked Champion Forest Drive corridor in Spring, providing convenient access and visibility in a suburban trade area with strong residential density.
With its existing interior improvements, the building is presented as a flexible option for uses that benefit from a prepared commercial layout, including medical, educational, fitness, specialty retail, religious assembly, or other service-oriented concepts.
The property is positioned along the heavily trafficked Champion Forest Drive corridor in Spring, providing convenient access and visibility in a suburban trade area with strong residential density.
With its existing interior improvements, the building is presented as a flexible option for uses that benefit from a prepared commercial layout, including medical, educational, fitness, specialty retail, religious assembly, or other service-oriented concepts.
Key Highlights
- 10,592 SF freestanding, single‑story commercial building built in 2019
- Originally developed as a childcare facility with substantial interior buildout and infrastructure already in place
- Functional single‑story layout designed to support a variety of service‑oriented uses
Financial Insights For Office B
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 | $212.3k | $20.04 |
| − Vacancy | −$46.7k | −$4.41 |
| EGI | $165.6k | $15.63 |
| − OpEx | −$41.4k | −$3.91 |
| NOI | $124.2k | $11.72 |
10,592 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.77M
$1.55M – $2.07M
NOI $124,174 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.67M
$2.34M – $3.12M
NOI $187,178 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kiddie Academy of Klein-Gleannloch
Daycare Center
Similar Off Market Nearby
- Kiddie Academy of Klein-Gleannloch — 19559 Champion Forest Dr, Spring, TX 77379
- Imagine Early Education & Childcare of Gleannloch Farms — 8901 Spring Cypress Rd, Spring, TX 77379
FAQs
What type of property is this?
Day care center - Single-story freestanding building with substantial interior buildout and infrastructure, originally developed as a childcare facility.
Where is this day care center located?
The property is located at 19559 Champion Forest Drive Spring, TX.
What is the asking price?
The asking price for this property is $3,813,120.
What are key features of this property?
This property features: 10,592 SF freestanding, single‑story commercial building built in 2019; Originally developed as a childcare facility with substantial interior buildout and infrastructure already in place; Functional single‑story layout designed to support a variety of service‑oriented uses
