Property profile

21327 Fwy Spring, TX 77388

OFF-MARKET
Retail properties & Spaces
9,162 SF 1.21 ac lot Built 2007
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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

Location

21327 Fwy Spring, TX 77388
Spring metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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