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Mi Rancho Mexican Grill & Bar | Spring, TX 24529 Gosling Rd 7,500 SF Retail Building Spring, TX 77389 $3,230,000 ($430.67/SF) 6.50% Cap Rate



Investment Highlights
- New Single-Tenant Opportunity | NNN Lease | Fee Simple Ownership | Growing Houston Texas Submarket
- Strong Retail Synergy | Proximity to New Amazon Distribution Hub
- Strong Trade Area Demographics | Six-Figure Incomes
- Strategic Location Near New Housing Developments Gosling Oaks & Sycamore Heights, Highway 99 (Grand Parkway Toll Road) and Klein Oak High School
- New 2026 Construction
- Located 30 Miles North of Downtown Houston | Income Tax Free State
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Building Class
B
Year Built
2025
Price
$3,230,000
Price Per SF
$430.67
Cap Rate
6.50%
NOI
$210,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.52 AC
Frontage
254’ on Gosling Road
Amenities
- Restaurant
- Signage
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1375930010001 | Improvements Assessment | $100 |
| Land Assessment | $1,351,014 | Total Assessment | $1,351,114 |
Property Taxes
Parcel Number
1375930010001
Land Assessment
$1,351,014
Improvements Assessment
$100
Total Assessment
$1,351,114
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