Take 5 Oil Change Spring, TX

440 Rayford Rd
Spring, TX

Price: $1550000
Cap Rate: 5.00%
NOI: $77,500
Building Size: Approx. 1634 Sq. Ft.
Lot Size: Approx. 0.39 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2017

Investment Overview

  • 2017 Construction. 1,634+/- SF Building on .39+/- Acre Site
  • New 10-Year Corp, NNN GL w/ 10% Rent Bumps Every 5-Yrs
  • Located along Rayford Rd (47K VDP), just E of I-45 (224K VPD)
  • Attractions: The Woodlands Mall | ExxonMobil Houston Campus
  • Spring is a suburb of Houston and is located 25-Miles N of Downtown
  • Major Employers: BP America | Shell Oil Company | Exxon Mobil
  • Houston is 2nd to NY City in Fortune 500 HQ’s – Ranked Forbes Top City
  • 3-Mile Radius: 2016 Est Pop: 69,207 l 3-Mile Avg. HH Income:  $106,010
  • Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800

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