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    OFF-MARKET
    Retail properties & Spaces

    2400 Farm To Market 2920, Spring, TX 77388

    29,608 SF Built 2007
    Property ID
    Property summary
    AI-generated overview

    Hanover Plaza, a single-story, Class B retail center in Spring, Texas, offers multiple tenancy opportunities. Built in 2007, this 29,608 square foot property sits on a 3.19-acre lot with ample parking (161 spaces). Currently, 6,144 square feet of space is available, divisible into units ranging from 2,913 to 3,231 contiguous square feet. The center enjoys a highly visible location on Farm to Market 2920, a major thoroughfare, with easy access and egress. Its strategic placement is less than one mile west of Interstate 45 and under two miles south of the new ExxonMobil campus. Nearby established businesses include Aldi, H-E-B, AutoZone, Wells Fargo, McDonald's, Chase, Walgreens, and KFC, creating a strong retail environment. The property features a well-designed layout and benefits from a Net Net Net (NNN) lease structure. This prime retail space presents an excellent opportunity for businesses seeking high visibility and convenient access in a thriving area of Harris County.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2007
    Total area 29,608 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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