9625 Spring Cypress Rd | Spring, TX 77379
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- LoopNet Team
9625 Spring Cypress Rd
Spring, TX 77379
Louetta Automotive · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15-Year Triple-Net (NNN) Sale-Leaseback: At closing the Tenant will execute a brand new 15-year absolute triple-net (NNN) lease. The lease will have
- Attractive Rental Increases: The lease will feature 1.75% annual rental increases that will continue through the base term and into the four, five-yea
- Corporate Tenant: The Tenant on the lease will be GB Auto Service, Inc., (~170+ Locations and Growing)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,806 SF
Building Class
B
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.97 AC
Zoning
None
Parking
35 Spaces (5.14 Spaces per 1,000 SF Leased)
Frontage
137’ on Spring-cypress Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0411140000018 | Improvements Assessment | $389,163 |
| Land Assessment | $420,790 | Total Assessment | $809,953 |
PROPERTY TAXES
Parcel Number
0411140000018
Land Assessment
$420,790
Improvements Assessment
$389,163
Total Assessment
$809,953
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