1651 Louetta RdSpring, TX 77388

For Sale
$3,400,000

Houston MSA, strong tenant, high ROI

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 3,904 square foot Dairy Queen ("Grill and Chill" concept) located at 1651 Louetta Rd, Spring, TX 77388, within the Houston MSA. The property sits on a 0.95-acre lot and boasts a strong 100% occupancy rate under a Net Lease (NNN) agreement with a remaining lease term of approximately 14.6 years (expiring June 27, 2039

Highlights

  • Excellent location in Spring, TX, near I-45 and TX-99, with high-density residential areas nearby.
  • Strong tenant base in a thriving, diverse economy, minutes from major employers like ExxonMobil and HP.
  • Located in a high-employment area with approximately 49,000 employees from major corporations.
  • Surrounded by numerous national retailers, including Lowe's, Home Depot, and Walmart.
  • Situated in the Houston MSA, a major Texas market with significant population growth.
  • Triple Net (NNN) lease with zero landlord responsibilities.

Property Details for 1651 Louetta Rd

Property type
Other retail properties, Individual retail properties
Square Feet
3,904 SF
Year Built
2019
Lot Size (sq. ft)
41,382 SF

Location Insight

City
Spring
County
Harris
State
Texas
Latitude
30.06380024
Longitude
-95.43990419
1651 Louetta Rd, Spring, Texas

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1651 Louetta Rd
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