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3784 Rayford Rd 11,990 SF 100% Leased Retail Building Spring, TX 77386 $7,287,288 CAD ($607.78 CAD/SF) 6.72% Cap Rate
Executive Summary
2022 Built Retail shopping center, 100% leased. 6 Units, Good tenant mix, Multiple Renew options. The Harmony subdivision is a 1,000 acremaster planned development with 2,600 new single family homesfrom award winning home builders. The Harmony is adjacent toBender’s Landing, a luxury home division of 1-2 ace lakefronthomesites.
Montgomery County is considered one of the fastest growingcounti es in the United States. Since 2010, the populati on in thecounty has growing 30%, from 455,000 people to 595,000 people.
Montgomery County is considered one of the fastest growingcounti es in the United States. Since 2010, the populati on in thecounty has growing 30%, from 455,000 people to 595,000 people.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
11,990 SF
Building Class
B
Year Built
2022
Price
$7,287,288 CAD
Price Per SF
$607.78 CAD
Cap Rate
6.72%
NOI
$489,475 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
3.41 AC
Parking
73 Spaces (6.09 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0351-01-00505 | Improvements Assessment | $3,468,371 CAD |
| Land Assessment | $1,082,863 CAD | Total Assessment | $4,551,234 CAD |
Property Taxes
Parcel Number
0351-01-00505
Land Assessment
$1,082,863 CAD
Improvements Assessment
$3,468,371 CAD
Total Assessment
$4,551,234 CAD
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3784 Rayford Rd
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