6941 Spring Stuebner RdSpring, TX 77389

This exceptional Class A shopping center, the Shops at Grand Parkway, presents a compelling investment opportunity. Boasting 17,600 square feet of retail space on a 63,872 square foot lot, this 2023-built property is currently operating at 100% occupancy, generating a strong net operating income (NOI) of $487,050.12 and a 6.50% capitalization rate. The asking price is $7,493,076. The center features a desirable mix of national and local tenants, many with e-commerce resistant business models, ensuring consistent revenue streams. Its strategic location at 6941 Spring Stuebner Road, Spring, TX 77389, in Harris County, offers significant advantages. The property benefits from high traffic counts and a dense, affluent surrounding neighborhood, further enhanced by its proximity to a newly constructed 400-unit Class A apartment complex. Convenient access to major thoroughfares, including FM 1960, Bush Intercontinental Airport (IAH), and I-45 freeway, ensures high visibility and accessibility. Ample parking (97 spaces) is available for customers and employees. The property is also less than one mile from a Tesla service center and charger, adding to its appeal. This new construction retail center is surrounded by multifamily developments and new construction, indicating a thriving and growing market. This is a rare opportunity to acquire a stabilized, high-performing retail asset in a prime location.