Single-Unit Retail
For Sale
Contact for pricing
7622 EAGLE LN, Spring, TX 77379
The property carries Airport zoning and was constructed in 2019.
Property Size14,280 SF
Price / SF$168.07
Days on Market116
Property Features for 7622 EAGLE LN
General Information
Standard status
Active
Size
14,280 SF
Class
A
Property subtype
Special Purpose
Zoning
Airport
Building Details
Year Built
2019
Units
6
Listing Agency:
Century 21 Olympian Area Specialists
(225) 615-8055
Listed By:
Robert Johnson · License #TX 731109
Source:
Crexi
Added: May 7
Changed: Aug 29
Last Checked: Aug 29 at 7:55PM
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 Century 21 Olympian Area Specialists
Investment Insights
Based on property information with market context.
This retail property contains 14,280 square feet configured as a single unit. Constructed in 2019, the building is identified for retail use and carries Airport zoning.
The property is located at 7622 Eagle Ln in Spring, Texas. Its single-unit configuration provides a straightforward footprint for an owner or occupant evaluating a freestanding retail asset.
The property is located at 7622 Eagle Ln in Spring, Texas. Its single-unit configuration provides a straightforward footprint for an owner or occupant evaluating a freestanding retail asset.
Key Highlights
- 14,280 SF retail property
- Single‑unit configuration
- Constructed in 2019
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
$193,631
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
8.07%
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%
$3,872,620
$3.9M
Cap Rate 7%
$2,766,157
$2.8M
Cap Rate 9%
$2,151,456
$2.2M
Market Conditions
NOI Build-Up for 14,280 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
$293.0K $20.52/SF
− Vacancy
−$16.4K −$1.15/SF
EGI
$276.6K $19.37/SF
− OpEx
−$83.0K −$5.81/SF
NOI
$193.6K $13.56/SF
Area
Montgomery County, TX
Vacancy
5.60%
Lease Rate
$20.52 /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%
$3,872,620
Cap Rate 7%
$2,766,157
Cap Rate 9%
$2,151,456
Alternative Uses
Best Use
Retail
$2.77M
$2.42M – $3.23M
NOI $193,631 @ 7.0% cap · market cap 8.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.61M
$3.15M – $4.21M
NOI $252,352 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
7,533 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The property carries Airport zoning and was constructed in 2019.
Where is this retail space located?
The property is located at 7622 EAGLE LN Spring, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 14,280 SF retail property; Single‑unit configuration; Constructed in 2019
