21620 Kuykendahl Road
Spring, TX
Price:
$3,633,000
Cap Rate:
5.50%
NOI:
$199,800
Building Size:
Approx. 4,356 Sq. Ft.
Lot Size:
Approx. 1.15 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2015
Investment Overview
- 2015 Construction. 4,356+/- SF Building on 1.15+/- Acre Site
- New 15 Yr Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years
- Excellent High-Traffic Location off of Kuykendahl Rd (30K+ VPD) & Northcrest Dr (4K+ VPD)
- Property Located in the Grand Parkway Marketplace II (237K SF Shopping Center)
- Subject Property is Located Near Starbucks, 7-Eleven, Whataburger, and Hobby Lobby
- Strong Income Demo’s w/ an est. $111,943 Within a 3 Mile Radius of the Site
- Panera is a Chain Store of a Bakery-Café Fast Casual Restaurant with Over 2,000 Locations
- Spring | 20 Miles from Downtown Houston | Population: 57,900+