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Sam's Plaza

$2,380,000

340 Rayford Rd, Spring, TX 77386

Cap Rate

7.00%

Square Feet

8711

Year Built/Renovated

2005/2010

INVESTMENT HIGHLIGHTS

•   Stabilized Rent Roll with Long-Term Leases

•   Rayford Road Allows Direct Access to Interstate 45

•   100 Percent Occupied: Triple-Net Tenants

•   Near Signalized Intersection

•   Frontage on Rayford Road

PROPERTY DESCRIPTION

Marcus & Millichap is pleased to exclusively list for sale Sam’s Plaza, located at 340 Rayford Road in Spring, Texas. This 8,711-square-foot retail center is 100 percent occupied, accommodating two triple-net tenants, protecting an investor from possible increases in future expenses.

Sam’s Plaza represents a compelling neighborhood retail investment opportunity positioned within one of North Houston’s fastest-growing suburban corridors. Located just ±1,000 feet from Interstate 45, the asset benefits from exceptional regional connectivity and strong commuter traffic, with approximately 50,000 vehicles per day along Rayford Road and significantly higher volumes along I-45. The surrounding trade area is anchored by national retailers, including H-E-B, Walmart, Kroger, and Walgreens, reinforcing the corridor as a primary retail destination and consistent consumer draw.

The average household income exceeds $100,000 within a one-mile radius, indicative of strong purchasing power and favorable tenant sales performance. The asset is embedded within the Imperial Oaks master-planned community, an area experiencing continued residential expansion and population growth, driving retail demand and supporting rent growth across the submarket.

Sam’s Plaza is offered for sale at a price of $2,380,000 which represents a 7 percent cap rate. The property offers investors a well located, income-producing retail asset with embedded growth potential and exposure to one of the Houston MSA’s most dynamic suburban retail corridors.

Gus N. Lagos

SENIOR MANAGING DIRECTOR INVESTMENTS
7.00%
713-452-4257

Alex Wolansky, CCIM

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

EXCLUSIVELY
LISTED BY
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