Log In/Sign Up
Your email has been sent.
Meadowhill Retail Center 3410 FM 2920 12,000 SF 100% Leased Retail Building Spring, TX 77388 $2,950,000 ($245.83/SF) 7.06% Cap Rate
INVESTMENT HIGHLIGHTS
- Frontage Location
- Value-Add Potential
- Easy Access to Interstate 45 and Grand Parkway Toll Road
- Straight In-Line Retail Center
- 100 Percent Occupied
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to exclusively list for sale Meadowhill Retail Center, located at 3410 FM 2920 in Spring, Texas. This 12,000-square-foot retail center is located on approximately 1.21 acres fronting FM 2920. The property’s location allows for easy access to Interstate 45 and Grand Parkway Toll Road.
The subject property is 100 percent occupied, accommodating six tenants. An investor could add value by raising rent for the 1,510 square foot space, which is currently occupied by a tenant paying below market rent.
Meadowhill Retail Center is located in Spring, Texas, a growing suburb of the Houston area. Several major corporations such as ExxonMobil, Hewlett Packard (HP), and Union Pacific Railroad are headquartered in Spring, drawing corporate demand to the area.
The subject property is 100 percent occupied, accommodating six tenants. An investor could add value by raising rent for the 1,510 square foot space, which is currently occupied by a tenant paying below market rent.
Meadowhill Retail Center is located in Spring, Texas, a growing suburb of the Houston area. Several major corporations such as ExxonMobil, Hewlett Packard (HP), and Union Pacific Railroad are headquartered in Spring, drawing corporate demand to the area.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
B
Year Built
2007
Price
$2,950,000
Price Per SF
$245.83
Cap Rate
7.06%
NOI
$208,393
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.69 AC
Zoning
Commercial
Parking
40 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 1287340010005 | Improvements Assessment | $1,515,286 (2025) |
| Land Assessment | $494,834 (2025) | Total Assessment | $2,010,120 (2025) |
PROPERTY TAXES
Parcel Number
1287340010005
Land Assessment
$494,834 (2025)
Improvements Assessment
$1,515,286 (2025)
Total Assessment
$2,010,120 (2025)
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Meadowhill Retail Center | 3410 FM 2920
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.