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Shoppes on Sawdust 1440 Sawdust Rd 9,615 SF 100% Leased Retail Building Spring, TX 77380 $3,080,000 ($320.33/SF) 6.50% Cap Rate
Investment Highlights
- BELOW MARKET RENTS
- MINIMAL DEFERRED MAINTENANCE
- STRATEGICALLY POSITIONED NEAR MULTIPLE HIGHLY RANKED SCHOOLS
- ESTABLISHED TENANCY
- MINIMAL ROLLOVER EXPOSURE
- LOCATED IN THE COVETED WOODLANDS SUBMARKET, ONE OF THE MOST SOUGHT AFTER MARKETS IN HOUSTON
Executive Summary
Seasoned Retail Center in Coveted Woodlands-Houston Submarket | Rents ~50% Below Market
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,615 SF
Building Class
B
Year Built/Renovated
1979/2019
Price
$3,080,000
Price Per SF
$320.33
Cap Rate
6.50%
NOI
$200,255
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.78 AC
Zoning
Comm - N/A
Parking
36 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
162’ on Sawdust Rd
Amenities
- Pylon Sign
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Fully furnished and operational restaurant.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,400 SF | Restaurant | In-Line | Now |
1st Floor
| Size |
| 1,400 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 1,400 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
Fully furnished and operational restaurant.
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0599-00-01505 | Improvements Assessment | $143,398 |
| Land Assessment | $169,230 | Total Assessment | $312,628 |
Property Taxes
Parcel Number
0599-00-01505
Land Assessment
$169,230
Improvements Assessment
$143,398
Total Assessment
$312,628
Contacts
-
Matthew Berry -
Robbie Kilcrease -
Drew Reinking -
Jack Carbo -
Mia Sabom
-
CBRE, Inc.
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Shoppes on Sawdust | 1440 Sawdust Rd
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