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1440 Louetta Rd
Spring, TX 77388
Freestanding Restaurant (Former Razzoo's) · Retail Property For Sale
Investment Highlights
- Located Near the Intersection of Interstate 45 and Louetta Road
- Established Restaurant Layout
- High Visibility
- For Sale or Lease
Executive Summary
Marcus & Millichap is pleased to exclusively list for sale or lease a Freestanding Restaurant (Former Razzoo’s) located at 1440 Louetta Road in Spring, Texas.
The 7,684-square-foot building is positioned along one of Spring’s most active commercial corridors presenting an exceptional opportunity to establish a standout dining destination in a high-traffic, high-visibility location. This freestanding restaurant building offers a commanding presence with excellent frontage on Louetta Road, generous parking, and convenient access for both local residents and commuters.
The property benefits from strong surrounding retail synergy and steady daytime and evening traffic, making it ideally suited for a wide range of culinary concepts. Its spacious interior footprint and established restaurant layout provide a valuable head start for operators looking to minimize build-out time and maximize market entry speed.
Located in a thriving and continually expanding Spring community, this site offers a rare combination of proven restaurant history and strategic positioning. For restaurateurs and investors alike, 1440 Louetta Road represents a compelling canvas for the next successful dining concept.
The property is offered for sale at a price of $2,895,000 ($376.76/SF) or for lease at a rate of $29.52/SF Annual Base Rent + NNN.
The 7,684-square-foot building is positioned along one of Spring’s most active commercial corridors presenting an exceptional opportunity to establish a standout dining destination in a high-traffic, high-visibility location. This freestanding restaurant building offers a commanding presence with excellent frontage on Louetta Road, generous parking, and convenient access for both local residents and commuters.
The property benefits from strong surrounding retail synergy and steady daytime and evening traffic, making it ideally suited for a wide range of culinary concepts. Its spacious interior footprint and established restaurant layout provide a valuable head start for operators looking to minimize build-out time and maximize market entry speed.
Located in a thriving and continually expanding Spring community, this site offers a rare combination of proven restaurant history and strategic positioning. For restaurateurs and investors alike, 1440 Louetta Road represents a compelling canvas for the next successful dining concept.
The property is offered for sale at a price of $2,895,000 ($376.76/SF) or for lease at a rate of $29.52/SF Annual Base Rent + NNN.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,730 SF
Building Class
B
Year Built/Renovated
2010/2014
Price
$3,931,410 CAD
Price Per SF
$508.59 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.12 AC
Zoning
COM
Parking
56 Spaces (7.29 Spaces per 1,000 SF Leased)
Frontage
94’ on Louetta Rd
Amenities
- Freeway Visibility
- Pylon Sign
Property Taxes
| Parcel Number | 1315500010004 | Improvements Assessment | $1,834,008 CAD |
| Land Assessment | $1,187,978 CAD | Total Assessment | $3,021,986 CAD |
Property Taxes
Parcel Number
1315500010004
Land Assessment
$1,187,978 CAD
Improvements Assessment
$1,834,008 CAD
Total Assessment
$3,021,986 CAD
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