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Bridgestone Plaza 4901-5015 FM 2920 31,295 SF 96% Leased Retail Building Spring, TX 77388 $10,195,882 ($325.80/SF) 6.55% Cap Rate
Investment Highlights
- Longstanding Tenancy
- Highly Sought-after The tenants in the Submarket
- Located in Spring’s Primary Retail Node, One Block From H-E-B
- Growing Population
- Positioned on Hard Corner at Lighted Intersection Along Spring’s Main Thoroughfare
- Attractive Development Opportunity Via Additional Pad Site on Underutilized Green Space
Executive Summary
Seasoned Tenancy with Below Market Rents | | H-E-B Shadowed | Houston MSA
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
31,295 SF
Building Class
B
Year Built/Renovated
1984/2010
Price
$10,195,882
Price Per SF
$325.80
Cap Rate
6.55%
NOI
$667,830
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.85 AC
Zoning
None
Parking
146 Spaces (4.67 Spaces per 1,000 SF Leased)
Frontage
71’ on Fm-2920 Rd
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,000 SF
- Office/Medical
- In-Line
- Jan 2027
- 1st Floor
- 1,000 SF
- Office/Medical
- -
- Jan 2027
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,000 SF | Office/Medical | In-Line | Jan 2027 |
| 1st Floor | 1,000 SF | Office/Medical | - | Jan 2027 |
1st Floor
| Size |
| 1,000 SF |
| Space Use |
| Office/Medical |
| Position |
| In-Line |
| Available |
| Jan 2027 |
1st Floor
| Size |
| 1,000 SF |
| Space Use |
| Office/Medical |
| Position |
| - |
| Available |
| Jan 2027 |
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1156080010036 | Improvements Assessment | $1,204,527 |
| Land Assessment | $1,305,700 | Total Assessment | $2,510,227 |
Property Taxes
Parcel Number
1156080010036
Land Assessment
$1,305,700
Improvements Assessment
$1,204,527
Total Assessment
$2,510,227
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