Harmony Commons Plaza 3532 Harmony Commons Dr 11,207 SF 100% Leased Retail Building Spring, TX 77386 $6,000,004 ($535.38/SF) 6.19% Cap Rate
EXECUTIVE SUMMARY
NewQuest Properties is proud to exclusively present for sale Harmony Commons Plaza, an 11,250 square foot multi-tenant strip center located in the highly desirable Spring trade area, in north Houston, Texas. This 100% leased shopping center sits on an LA Fitness outparcel on the hard corner of TX-99 and Harmony Commons Drive, with quick access to shadow anchor HEB and numerous national and regional retailers. Harmony Commons Plaza provides stable cash flow with high credit tenants and steady upside with scheduled rental increases. This center’s position in the trade area makes for an excellent long term investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,207 SF
Building Class
B
Year Built
2020
Price
$6,000,004
Price Per SF
$535.38
Cap Rate
6.19%
NOI
$371,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.28 AC
Zoning
None - No zoning ordinance
Parking
61 Spaces
Frontage
171’ on Harmony Commons Drive
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5711-90-00101 | Improvements Assessment | $2,036,146 |
| Land Assessment | $663,854 | Total Assessment | $2,700,000 |
