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Investment Highlights

  • Prime hard-corner location with direct frontage along Interstate 45
  • Former Denny’s pad site with existing restaurant infrastructure
  • Positioned at the main entrance to Research Forest and The Woodlands
  • ±4,985 SF second-generation restaurant on ±1.07-acre site
  • Monument signage providing strong visibility to passing traffic
  • Surrounded by major retail, dining, and lifestyle destinations

Executive Summary

This free-standing restaurant property offers a prime investment opportunity in Shenandoah, Texas, positioned on a hard corner with direct frontage along Interstate 45. The site spans approximately 1.07 acres and includes a ±4,985 SF second-generation restaurant building, making it ideal for an owner-user or investor seeking a high-visibility location in a thriving commercial corridor. The property benefits from its strategic location at the main entrance to Research Forest and The Woodlands, one of the most dynamic and affluent submarkets in the Houston metropolitan area.
The site features a monument sign along Interstate 45, ensuring strong branding and exposure to significant regional traffic. Surrounded by major national retailers, dining establishments, and lifestyle destinations such as The Woodlands Mall, Market Street, and Memorial Hermann, the property is well-positioned to capture consistent consumer demand. With its existing restaurant infrastructure, the property offers a cost-effective solution for operators looking to establish or expand their presence in a high-growth market.

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,985 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.09 AC
Parking
46 Spaces (9.23 Spaces per 1,000 SF Leased)
Frontage
90’ on North Fwy

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,985 SF
  • Restaurant
  • Outparcel
  • Now

This second-generation restaurant space provides an exceptional leasing opportunity for operators seeking a premier location in Shenandoah, Texas. Situated on a hard corner with direct frontage along Interstate 45, the property offers unparalleled visibility and accessibility. The ±4,985 SF building sits on a ±1.07-acre site and includes existing restaurant build-out, reducing time and cost for tenant improvements.

Space Size Space Use Position Available
1st Floor 4,985 SF Restaurant Outparcel Now

1st Floor

Size
4,985 SF
Space Use
Restaurant
Position
Outparcel
Available
Now

1st Floor

Size 4,985 SF
Space Use Restaurant
Position Outparcel
Available Now

This second-generation restaurant space provides an exceptional leasing opportunity for operators seeking a premier location in Shenandoah, Texas. Situated on a hard corner with direct frontage along Interstate 45, the property offers unparalleled visibility and accessibility. The ±4,985 SF building sits on a ±1.07-acre site and includes existing restaurant build-out, reducing time and cost for tenant improvements.

Nearby Major Retailers

Veritex Community Bank
Sunflower Bank
Spring Creek Barbeque
Comerica
Woodforest Bank
Prosperity Bank
Plainscapital Company
HOTWORX
First Watch
Zalat Pizza

Property Taxes

Property Taxes

Parcel Number
9714-00-00105
Land Assessment
$1,207,309 (2025)
Improvements Assessment
$711,967 (2025)
Total Assessment
$1,919,276 (2025)
  • Listing ID: 39148176

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 28669 I-45 Fwy, Spring, TX 77381

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