21327 North Freeway

Spring, TX 77388

Listing ID: 197685
$3,000,000
For Sale
  • Property Type Retail : Shopping Center
  • Lot Size Acres 0.865
  • Building Sq Ft 9,162
  • Building Price per Sq Ft $327.44
  • Land Sq Ft 37,679
  • Land Price per Sq Ft $79.62
Description

Price: $3,000,000

Price/SF: $327.44

Cap Rate:+/- 6.37%

GLA: +/- 9,162

Lot Size: +/- 0.865 AC

Occupancy: 67.64%

Located at a hard corner intersection off of I-45 with great visibility

Drive cuts along Spring Cypress Rd and N Fwy Service Rd

Approx. 0.1 miles from I-45 and 1.5 miles from SH 99/Grand Parkway Toll Rd

Freeway frontage and features national tenants Mattress Firm

Great opportunity for a value-add retail investment

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population7,57069,605221,292
Population Median Age363634
Population by Age0-9 Yrs1034 (13%)9689 (13%)35129 (15%)
10-19 Yrs1092 (14%)10387 (14%)32224 (14%)
20-29 Yrs981 (12%)8507 (12%)30309 (13%)
30-39 Yrs1063 (14%)10728 (15%)35553 (16%)
40-49 Yrs1270 (16%)10210 (14%)32330 (14%)
50-59 Yrs997 (13%)9153 (13%)24936 (11%)
60-69 Yrs665 (8%)6389 (9%)18361 (8%)
70+ Yrs468 (6%)4541 (6%)12450 (5%)
Median HH Income$98,169$88,102$73,245
Total Household Income< 24K231 (9%)2465 (10%)9902 (12%)
25-49K224 (8%)3627 (15%)15495 (20%)
50-74K317 (12%)3684 (15%)13878 (18%)
75-99K510 (20%)3770 (16%)10974 (14%)
100-199K922 (37%)7233 (30%)20181 (26%)
200K+286 (11%)2723 (11%)6329 (8%)
Highest Education LevelNo Diploma471331813172
Diploma or GED971910128593
Some College12101184135581
Assoc. Degree431416013609
Bachelors Degree13361107133051
Higher Degree583561115124
Total Housing Units2,61225,20382,821
--Owner-Occupied1,86117,19446,432
--Renter-Occupied6296,30830,328
Owner-Occupied Values< 100K6412244926
100-199K925924723679
200-299K623429611055
300-399K19114073772
400-499K235111474
500K+355081525
Total Working Age Population5,83853,759166,705
In Work Force4,15137,427118,456
Not In Work Force1,68716,33248,249
Workforce Employed4,00535,648113,016
Workforce Unemployed1461,7725,315
Civlian Workforce4,15137,421118,331
Military Workforce06125
Total Households2,49023,50276,759
Family Households1,93417,65255,324
Non-Family Households5565,85021,435
Married Couple1,66113,98641,040
Other Family2733,66614,284
Married w/Child8356,49219,919
Single Male w/Child142051,582
Single Female w/Child1291,5706,649

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
Harris County3,400,578+204,092,459+224,978,845+195,924,750
Montgomery County293,768+55455,746+35613,951+35831,450

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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