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Retail Center at Creekside Business Park 25131 FM 2978 Rd 9,230 SF 100% Leased 4-Star Retail Building Tomball, TX 77375 $3,858,244 ($418.01/SF) 6.75% Cap Rate
Investment Highlights
- 100% Leased NNN Investment: Fully stabilized retail center with a diverse mix of service and experiential tenants.
- Strategic FM 2978 Road Frontage: High-visibility location with over 23,000 Vehicles Per Day (VPD) and immediate proximity to the Grand Parkway (99).
- Proximity to The Woodlands: Located just one mile west of the Creekside Park master-planned community.
- 2025 Modern Construction: Recently completed high-quality build-out in a premier growth corridor.
- Affluent Local Demographics: Median Household Income exceeds $\$101,000$ within a 3-mile radius.
Executive Summary
Newly Constructed 2025 Retail Center | 100% Leased NNN Investment
A premier 9,230 SF retail center completed in 2025, offering a "turn-key" investment with minimal near-term capital requirements. The property features modern architectural design and is situated within the elevated Creekside Business Park mixed-use development.
The center is 100% occupied by a synergistic mix of service and lifestyle tenants: ISI Elite Training, Heal Wellness, Newman CRE, and The Office Cigar Bar & Lounge. All leases are structured as NNN, providing the landlord with protection against rising operating expenses.
Strategically located on FM 2978, a major Northwest Houston corridor with 23,000+ Vehicles Per Day. The site is approximately one mile west of The Woodlands and five miles from the Grand Parkway (99), benefiting from strong local demographics with a Median Household Income of $101,985 within a 3-mile radius.
A premier 9,230 SF retail center completed in 2025, offering a "turn-key" investment with minimal near-term capital requirements. The property features modern architectural design and is situated within the elevated Creekside Business Park mixed-use development.
The center is 100% occupied by a synergistic mix of service and lifestyle tenants: ISI Elite Training, Heal Wellness, Newman CRE, and The Office Cigar Bar & Lounge. All leases are structured as NNN, providing the landlord with protection against rising operating expenses.
Strategically located on FM 2978, a major Northwest Houston corridor with 23,000+ Vehicles Per Day. The site is approximately one mile west of The Woodlands and five miles from the Grand Parkway (99), benefiting from strong local demographics with a Median Household Income of $101,985 within a 3-mile radius.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,230 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
$3,858,244
Price Per SF
$418.01
Cap Rate
6.75%
NOI
$260,431
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Frontage
520’ on FM 2978
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Heal Wellness
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- ISI Elite Training
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Newman CRE
- Real Estate
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- The Office Cigar Bar
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Heal Wellness | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| ISI Elite Training | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Newman CRE | Real Estate | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| The Office Cigar Bar | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2024 Population
2,401
39,255
127,023
204,937
2029 Population
2,617
42,054
138,532
225,394
2024-2029 Projected Population Growth
9.0%
7.1%
9.1%
10.0%
Median Age
36.8
37.3
36.9
37.1
College Degree + Higher
32%
43%
48%
32%
Daytime Employees
746
11,833
31,852
49,335
Total Businesses
112
1,804
4,693
7,548
Average Household Income
$94,858
$128,464
$139,503
$145,608
Median Household Income
$68,530
$101,985
$109,714
$116,917
Total Consumer Spending
$27.5M
$522.8M
$1.7B
$2.7B
2024 Households
881
13,661
42,500
68,256
Average Home Value
$416,278
$424,094
$442,155
$472,080
Property Taxes
| Parcel Number | 1320650010002 | Improvements Assessment | $2,520,679 |
| Land Assessment | $1,732,164 | Total Assessment | $4,252,843 |
Property Taxes
Parcel Number
1320650010002
Land Assessment
$1,732,164
Improvements Assessment
$2,520,679
Total Assessment
$4,252,843
Sale Advisor
Sale Advisor
Nate Newman, CEO
Nate is a principal and co-founder of Newman Kelly. Nate began his career in commercial real estate in 2007 with a small commercial real estate brokerage company in The Woodlands, TX. His timing coincided with The Great Recession, which taught Nate valuable lessons in humility, determination, and how to hustle. After five years and 65 transactions of various sizes, Nate joined Marcus & Millichap to open The Woodlands office. During his tenure at Marcus & Millichap, Nate was very successful and represented some of the largest investors and developers in Houston. Nate has sold in excess of $250,0000,000 of properties over the last few years, and he and his team have personally underwritten/valued billions of dollars worth of assets as a service to their clients. Nate also has extensive experience as an investor and developer and has completed numerous successful developments including: build-to-suit development, multi-tenant retail, office, and industrial projects, and land development.
Nate is a seventh generation Texan and a graduate of Baylor University. He is happily married to Marifer Newman and they have two children, Daniella and Evan. When not working, Nate enjoys spending time at his ranch, archery, hunting, playing golf, serving in church, sailing, reading, and traveling with his family.
Nate is a seventh generation Texan and a graduate of Baylor University. He is happily married to Marifer Newman and they have two children, Daniella and Evan. When not working, Nate enjoys spending time at his ranch, archery, hunting, playing golf, serving in church, sailing, reading, and traveling with his family.
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Retail Center at Creekside Business Park | 25131 FM 2978 Rd
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