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Freeway Retail Center For Sale
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19752-19764 North Freeway, Spring, TX

Retail center with high-quality construction and tenant profile.

Property Size10,433 SF
Lot Size1.52 Acres
Price / SF$590.43
Days on Market366

Property Features for 19752-19764 North Freeway

General Information

Standard status Active
Size 10,433 SF
Lot size 1.52 Acres
Property subtype RETAIL
Listing Agency: Hunington Properties Inc.
Listed By: Sandy Aron · License #218898
Source: Moodyscre
Added: Oct 14, 2025 Changed: Oct 4 Last Checked: Oct 12 at 10:19PM

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 Hunington Properties Inc.

Investment Insights

Based on property information with market context.

This retail property, constructed in 2008, features a high-quality construction and tenant profile. The property benefits from a freeway location with prime visibility. The tenant roster includes a Starbucks with a drive-thru. All tenants have been in place since the property's construction in 2008. The property contains 10,433 square feet and is located on North Freeway in Spring, Texas.

Key Highlights

  • Freeway location with prime visibility
  • Starbucks includes a drive‑thru
  • High quality construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$184,369
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,687,380 $3.7M
Cap Rate 7%
$2,633,843 $2.6M
Cap Rate 9%
$2,048,544 $2.0M
Market Conditions
NOI Build-Up for 10,433 SF
Gross rent
$260.4K $24.96/SF
− Vacancy
−$14.6K −$1.40/SF
EGI
$245.8K $23.56/SF
− OpEx
−$61.5K −$5.89/SF
NOI
$184.4K $17.67/SF
Area
Montgomery County, TX
Vacancy
5.60%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,687,380
Cap Rate 7%
$2,633,843
Cap Rate 9%
$2,048,544

Alternative Uses

Best Use
Specialty Retail
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $184,369 @ 7.0% cap · market cap 2.99%
Second Best
Retail
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,467 @ 7.0% cap · market cap 2.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Dental Office Law Firm Grocery & Convenience Store Storage Facility Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

960
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Valero Energy Shops & Services
2,742 visits/mo 0.4 miles
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail center with high-quality construction and tenant profile.
Where is this strip mall located?
The property is located at 19752-19764 North Freeway Spring, TX.
What is the asking price?
The asking price for this property is $6,160,000.
What are key features of this property?
This property features: Freeway location with prime visibility; Starbucks includes a drive‑thru; High quality construction
(713) 623-6944 Call to check price and availability
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