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Stables Town Center 8765-8765 Spring Cypress Rd 45,583 SF 93% Leased Retail Building Spring, TX 77379 For Sale
Investment Highlights
- Established Kroger grocery anchored asset with 6.6 years of WALT
- Significant value creation via leas up and 7%+ mark-to-market opportunity
- Affluent surrounding demographics ($119k+ AHHI)
- Superior neighborhood location along Spring Cypress Rd (46k+ VPD)
- Established and curated merchandising mix with 88% internet resistant tenancy
Executive Summary
Jones Lang LaSalle (“JLL”) is pleased to offer Stables Town Center (“The Property”), an exceptional 148,045-square-foot retail center anchored by Kroger and strategically located at the hard corner of Spring Cypress Road and Champion Forest Drive. Positioned just 2.5 miles from Highway 249 in the thriving Champions Forest submarket, this property serves as a cornerstone retail destination for Northwest Houston’s affluent communities.
Operating at 93% occupancy, the center draws more than 2.5 million visitors annually, leveraging superior visibility and accessibility within Northwest Houston’s most desirable residential areas. The Kroger anchor enjoys an optimal neighborhood position, providing essential services to the surrounding community. The property maintains a diversified tenant portfolio spanning grocery, dining, and service providers, with 8.2 years of average tenure.
Operating at 93% occupancy, the center draws more than 2.5 million visitors annually, leveraging superior visibility and accessibility within Northwest Houston’s most desirable residential areas. The Kroger anchor enjoys an optimal neighborhood position, providing essential services to the surrounding community. The property maintains a diversified tenant portfolio spanning grocery, dining, and service providers, with 8.2 years of average tenure.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Building Size
45,583 SF
Building Class
B
Year Built
2001
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
6.85 AC
Parking
426 Spaces (9.35 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Cost Cutters began in the 1980s as a family haircare concept created by Joe Francis in Minnesota. The company offers haircuts for men and women, styling, color, perms, conditioning treatments, waxing, special-event looks, online check-in, rewards, gift cards, and professional haircare products. Cost Cutters operates as part of Regis Corporation's salon portfolio and serves customers across the United States through franchise and company salon locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 14
- 2,170 SF
- Retail
- -
- 30 Days
Spacious retail suite with 1,750 sqft available.
- 28
- 1,568 SF
- Retail
- -
- Now
- 6
- 1,750 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 14 | 2,170 SF | Retail | - | 30 Days |
| 18 | 1,750 SF | Retail | In-Line | Now |
| 28 | 1,568 SF | Retail | - | Now |
| 6 | 1,750 SF | Retail | - | Now |
14
| Size |
| 2,170 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
18
| Size |
| 1,750 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
28
| Size |
| 1,568 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
6
| Size |
| 1,750 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
18
| Size | 1,750 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Spacious retail suite with 1,750 sqft available.
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $9,312,310 | |
| Land Assessment | $2,576,133 | Total Assessment | $11,888,443 |
Property Taxes
Parcel Numbers
Land Assessment
$2,576,133
Improvements Assessment
$9,312,310
Total Assessment
$11,888,443
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