24211 Kuykendahl RdTomball, TX 77375

The Augusta Meadows Center, a 19,102 square foot mixed-use property located at 24211 Kuykendahl Rd, Tomball, TX 77375, is offered for sale. This single-story, 2023-built center sits on a 1.94-acre lot and boasts a strong tenant base with a mix of national and local businesses. The property features a diverse tenant mix including a Dunkin Donuts, Family Day Spa, and Che Tano Restaurant, all operating under 100% NNN leases, minimizing landlord responsibilities. The center enjoys high visibility due to its location directly across from a Kroger Power Center, benefiting from significant foot traffic. With an 82% occupancy rate, the property generates a substantial net operating income (NOI) of $608,460, representing a 6.80% capitalization rate. The asking price is $8,950,000, translating to a price per square foot of $468.54. Situated in the rapidly growing Tomball market, south of The Woodlands, this investment opportunity is ideal for those seeking exposure to a thriving retail sector. The property is open to a full sale and 1032 exchange. The franchisee tenants have no credit rating.