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Meadowhill Retail Center

$2,950,000

3410 FM 2920 Rd, Spring, TX 77388

Cap Rate

7.06%

Square Feet

12000

Year Built/Renovated

2007

INVESTMENT HIGHLIGHTS

• Frontage Location

• Straight In-Line Retail Center

• Value-Add Potential

• 100 Percent Occupied

• Easy Access to Interstate 45 and Grand Parkway Toll Road

PROPERTY DESCRIPTION

Marcus & Millichap is pleased to exclusively list for sale Meadowhill Retail Center, located at 3410 FM 2920 in Spring, Texas. This 12,000-square-foot retail center is located on approximately 1.21 acres fronting FM 2920. The property’s location allows for easy access to Interstate 45 and Grand Parkway Toll Road.

The subject property is 100 percent occupied, accommodating six tenants. An investor could add value by raising rent for the 1,510 square foot space, which is currently occupied by a tenant paying below market rent.

Meadowhill Retail Center is located in Spring, Texas, a growing suburb of the Houston area. Several major corporations such as ExxonMobil, Hewlett Packard (HP), and Union Pacific Railroad are headquartered in Spring, drawing corporate demand to the area.

Gus N. Lagos

SENIOR MANAGING DIRECTOR INVESTMENTS
7.06%
713-452-4257

Alex Wolansky, CCIM

MANAGING DIRECTOR INVESTMENTS
alex.wolansky@marcusmillichap.com
713-452-4292

EXCLUSIVELY
LISTED BY
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