Log In/Sign Up
Your email has been sent.
3410 FM 2920
Spring, TX 77388
Meadowhill Retail Center · Retail Property For Sale
Investment Highlights
- Frontage Location
- Value-Add Potential
- Easy Access to Interstate 45 and Grand Parkway Toll Road
- Straight In-Line Retail Center
- 100 Percent Occupied
Executive Summary
Marcus & Millichap is pleased to exclusively list for sale Meadowhill Retail Center, located at 3410 FM 2920 in Spring, Texas. This 12,000-square-foot retail center is located on approximately 1.21 acres fronting FM 2920. The property’s location allows for easy access to Interstate 45 and Grand Parkway Toll Road.
The subject property is 100 percent occupied, accommodating six tenants. An investor could add value by raising rent for the 1,510 square foot space, which is currently occupied by a tenant paying below market rent.
Meadowhill Retail Center is located in Spring, Texas, a growing suburb of the Houston area. Several major corporations such as ExxonMobil, Hewlett Packard (HP), and Union Pacific Railroad are headquartered in Spring, drawing corporate demand to the area.
The subject property is 100 percent occupied, accommodating six tenants. An investor could add value by raising rent for the 1,510 square foot space, which is currently occupied by a tenant paying below market rent.
Meadowhill Retail Center is located in Spring, Texas, a growing suburb of the Houston area. Several major corporations such as ExxonMobil, Hewlett Packard (HP), and Union Pacific Railroad are headquartered in Spring, drawing corporate demand to the area.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
B
Year Built
2007
Price
$4,006,100 CAD
Price Per SF
$333.84 CAD
Cap Rate
7.06%
NOI
$282,998 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.69 AC
Zoning
Commercial
Parking
40 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 1287340010005 | Improvements Assessment | $2,057,758 CAD |
| Land Assessment | $671,985 CAD | Total Assessment | $2,729,743 CAD |
Property Taxes
Parcel Number
1287340010005
Land Assessment
$671,985 CAD
Improvements Assessment
$2,057,758 CAD
Total Assessment
$2,729,743 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
