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    OFF-MARKET
    Retail properties & Spaces

    21327 Fwy, Spring, TX 77388

    9,162 SF 1.21 ac lot Built 2007
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A retail property, Spring Cypress Commons, presents a unique investment opportunity in the thriving Spring Cypress submarket of Spring, Texas. Located at 21327 North Fwy, Spring, TX 77388, this single-story, 9,162 square foot retail center boasts a prime location fronting I-45 at Spring Cypress Rd. Built in 2007 and renovated in 2022, the property offers immediate occupancy with 1,575 square feet of vacant, second-generation inline retail space available. Additionally, a 0.58-acre pad site is also for lease, providing flexibility for various retail concepts. The center features ample parking with 38 spaces, catering to the needs of both tenants and customers. The property sits on a 1.21-acre lot and is classified as a multi-tenant retail building. Its strategic location and recent renovations make it an ideal choice for businesses seeking high visibility and a strong customer base in a rapidly growing area. The property is easily accessible from I-45 and Spring Cypress Rd, ensuring high traffic volume and excellent exposure. This is a rare opportunity to secure a well-maintained, high-quality retail space in a desirable location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2007
    Total area 9,162 SF
    Lot 1.21 ac (52,708 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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