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Big O Tires - Spring, TX 1136 Spring Cypress Rd 5,025 SF Retail Building Spring, TX 77373 $3,069,078 CAD ($610.76 CAD/SF) 5.75% Cap Rate
Investment Highlights
- 20-year Absolute Triple Net (NNN) Lease with 10% increases every 5 years.
- Ideal for investors seeking a stable, hands-off income-producing asset.
- 75k+ population in 3-Mile Radius.
- Lease guaranteed by an award-winning multi-unit operator with deep experience in auto service operations.
- Tenant has invested substantial capital into improvements and upgrades.
- Average household income over $110k across 3-Mile, 5-Mile, & 10-Mile Radius.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 5,025 SF Big O Tires located at 1136 Spring Cypress Road in Spring, TX. This offering features a 20-year Absolute Triple Net (NNN) Lease with 10% rental increases every 5 years, providing stable, long-term income with zero landlord responsibilities. The lease is backed by an award-winning, experienced multi-unit operator, ensuring a reliable and low-management investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,025 SF
Building Class
C
Year Built/Renovated
1973/2025
Price
$3,069,078 CAD
Price Per SF
$610.76 CAD
Cap Rate
5.75%
NOI
$176,472 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.43 AC
Parking
20 Spaces (3.98 Spaces per 1,000 SF Leased)
Frontage
64’ on Spring Cypress Rd
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Big O Tires - Spring, TX
- Services
- 5,025 SF
- $35.12 CAD
- Apr 2046
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Big O Tires - Spring, TX | Services | 5,025 SF | $35.12 CAD | Apr 2046 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0450100030004 | Improvements Assessment | $278,619 CAD |
| Land Assessment | $179,531 CAD | Total Assessment | $458,150 CAD |
Property Taxes
Parcel Number
0450100030004
Land Assessment
$179,531 CAD
Improvements Assessment
$278,619 CAD
Total Assessment
$458,150 CAD
Contacts
-
Liam Rowan -
Luke Wakefield -
Johnny Friberg -
Tyler Baughman -
Sands Investment Group Atlanta, LLC
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Big O Tires - Spring, TX | 1136 Spring Cypress Rd
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