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Take 5 Oil Change Auto Shop
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442 Rayford Rd, Spring, TX 77386

The absolute NNN ground lease has more than five years remaining and a tenant-exercised renewal option.

Property Size1,625 SF
Price / SF$1,154
Days on Market14

Property Features for 442 Rayford Rd

General Information

Standard status Active
Size 1,625 SF
Property subtype RETAIL

Building Details

Tenancy Single
Listing Agency: Hunington Properties - Dallas
Listed By: Matthew Kivanani
Source: Moodyscre
Added: Oct 1 Changed: Oct 10 Last Checked: Oct 12 at 8:42PM

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 - Dallas

Investment Insights

Based on property information with market context.

The 1,625-square-foot auto shop at 442 Rayford Rd is subject to an absolute NNN ground lease. Take 5 Oil Change recently exercised its first renewal option, and more than five years remain on the lease term.

The property is in Spring, north of Houston, Texas.

Key Highlights

  • Absolute NNN ground lease with 5+ years of term remaining
  • 1,625‑square‑foot auto shop
  • Tenant recently exercised its first renewal option

Property Analytics

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Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Butcher Bed & Breakfast Pet Grooming Service

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,268
Businesses Nearby
189k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 25% Groceries 14% Home Improvements & Furnishings 4%
McDonald's Dining
38,804 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
35,256 visits/mo 0.1 miles
Spec's Groceries
27,161 visits/mo 0.3 miles
Starbucks Dining
14,942 visits/mo 0.1 miles
SONIC Drive In Dining
14,334 visits/mo 0.4 miles

Demographics for 77386, TX

66,058
Population
22,778
Households
2.9
Avg Household Size
34
Median Age
49%
College-Educated
95%
High-School Grad
40.8 sq mi
ZIP Area
1,619
Density / Sq Mi
$130,094
Median Household Income
$66,481
Median Earnings
$1,878
Median Rent
$346,300
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Glass Doctor of Spring, TX — 24430 Interstate 45 N, Spring, TX 77386
  • Kar-Glass — 24624 I-45 Suite 200, Spring, TX 77386
  • Atlas Auto Glass — 24430 I-45 suite D, Spring, TX 77386
  • Woodlands Car Care — 24645 Budde Rd, Spring, TX 77380
  • Texan Solar Control — 24625 Budde Rd Suite A, The Woodlands, TX 77380

Frequently Asked Questions

What type of property is this?
Auto shop - The absolute NNN ground lease has more than five years remaining and a tenant-exercised renewal option.
Where is this auto shop located?
The property is located at 442 Rayford Rd Spring, TX.
What is the asking price?
The asking price for this property is $1,875,500.
What are key features of this property?
This property features: Absolute NNN ground lease with 5+ years of term remaining; 1,625‑square‑foot auto shop; Tenant recently exercised its first renewal option
(469) 604-8681 Call to check price and availability
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