AutoZone – GL Spring, TX

28865 Birnham Woods Dr
Spring, TX

Price: $1834000
Cap Rate: 4.50%
NOI: $82,500
Building Size: Approx. 6800 Sq. Ft.
Lot Size: Approx. 0.78 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Parts
Year Built: 2017

Investment Overview

  • 2017 Construction. 6,800+/- SF Building on .78+/- Acre Site
  • 15-Year, NNN Ground Lease w/ 10% Rent Bumps Every 5-Yrs
  • Located along Birnham Woods Dr., just north of Highway 99
  • Near Walmart, Chick-Fil-A, Whataburger, Bank of America, CVS
  • Located at the future Birnham Woods Market Place (Opening 2017)
  • Attractions: Cypress Trails | The Woodlands Mall | Northshore Park
  • 5-Mile Radius: 2016 Est Pop: 116,019 l 3-Mile Avg. HH Income:  $115,861
  • Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800

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