19059 Champion Forest DrSpring, TX 77379

This exceptional value-add retail storefront opportunity is located at 19059 Champion Forest Drive, Spring, Texas, 77379, in Harris County. The property, built in 2009, consists of a single, one-story building totaling 8,150 square feet on a 0.96-acre lot. Currently operating as a multi-tenant property with one tenant occupying 49% of the space, the property offers significant upside potential. The current Net Operating Income (NOI) is $40,875, with a pro-forma NOI projected at $146,700, reflecting the potential for increased rental income. The property is zoned for commercial use and features a triple-net (NNN) lease structure with a remaining lease term of approximately 2.4 years (expiring March 31, 2027, with a commencement date of April 1, 2022). The property benefits from its location within a high-growth area, boasting a three-mile radius population of 98,440 and an average household income (AHHI) of $136,058. This presents a compelling opportunity for an owner-user or investor seeking to capitalize on below-market rents (currently 12% below submarket rates) and significant rental growth potential. The property's APN is 1311560010001.