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1136 Spring Cypress Rd
Spring, TX 77373 Old Town Spring

$2,243,478 USD

Auto Repair For Sale  •  4,500 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 5,025 SF
  • Lot Size 0.43 AC
  • Building Class C
  • Year Built 1973
  • Cap Rate 5.75 %
  • Tenancy Single
50 Walk Score

Highlights

20-year Absolute Triple Net (NNN) Lease with 10% increases every 5 years.
Lease guaranteed by an award-winning multi-unit operator with deep experience in auto service operations.
Ideal for investors seeking a stable, hands-off income-producing asset.
Tenant has invested substantial capital into improvements and upgrades.
75k+ population in 3-Mile Radius.
Average household income over $110k across 3-Mile, 5-Mile, & 10-Mile Radius.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Big O Tires - Spring, TX 5,025 SF 4/18/2046

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 20 min - 15.3 mi
William P Hobby 51 min - 35.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Liam Rowan 404-369-4352 Sands Investment Group Atlanta, LLC
Liam Rowan 404-369-4352 Sands Investment Group Atlanta, LLC