Current Use by Public Records
- Htx Lash / Hair Salon
- Divine Light Reiki Healing / Life Coach / Holistic Medicine Practitioner
- Papa Peter’s / Restaurant
- Pichurros Mexican Grill / Restaurant
- Marlyn's Lavish Looks / Spa & Massage Center / Skin Care Clinic
Property Details for 24026 Kuykendahl Rd
- Year built
- 2021
- Lot size
- 2.37 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional, 15,510 square foot Class A shopping center in Tomball, Texas, presents a compelling investment opportunity. Located at 24026 Kuykendahl Rd, 77375, this single-story, 2021-built property boasts a prime location just south of The Woodlands, benefiting from a high-traffic area and strong population growth (21% year-over-year). The center is currently 100% occupied by six diverse tenants under absolute NNN leases, providing a stable income stream and a 7.01% cap rate. The asking price is $6,470,000, translating to $417.15 per square foot. The property features 71 parking spaces and sits on a 2.37-acre lot. The stabilized investment offers a significant advantage with staggered lease expirations allowing for future rental increases and a seller guaranty covering any vacancy at closing. The modern design includes an inviting facade and ample natural light, creating a welcoming atmosphere for shoppers. The strong tenant mix and convenient location make this a highly desirable retail destination. The property's Net Operating Income (NOI) is $453,720. This is a rare opportunity to acquire a high-performing, newly constructed retail center in a rapidly growing market. The property offers a fantastic upside potential in rental rates.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tomball
- County
- Harris
- State
- Texas
- Longitude
- -95.5514
- Latitude
- 30.1096
