Spring TX - Mi Rancho

Description:

New Single-Tenant Opportunity | NNN Lease | Fee Simple Ownership | Growing Houston Texas Submarket.
Opportunity to acquire a Mi Rancho Mexican Grill and Bar in Berry Farm Marketplace – Phase II, a brand-new multi-tenant retail center in Spring, Texas (Houston MSA).
Adjacent to Berry Farm Marketplace – Phase I, an established neighborhood retail center anchored by Spec’s Wines, Spirits & Finer Foods, Scooter’s Coffee, Jiffy Lube and several others.
Mi Rancho operates under a NNN lease, limiting expense obligations for a future investor.

Strategic Location Near New Housing Developments Gosling Oaks & Sycamore Heights, Highway 99 (Grand Parkway Toll Road) and Klein Oak High School.
Gosling Oaks is a new 55-acre mixed-use development currently under construction, including ~100K SF of retail and dining space and ~40K SF of medical and office space, along with 390 multifamily housing units.
Sycamore Heights is a new gated community development consisting of ~85 single-family homes and ~85 townhomes, also includes a clubhouse, dog park and pet spa, resort-style pool, 24/7 fitness center and outdoor community areas
Highway 99 has an average daily traffic count of 64,550 and direct access to Interstate 45 and Highway 249A
Klein Oaks High School had ~3,664 students enrolled in 2025.

Strong Retail Synergy.
Adjacent to several major national retailers such as Spec’s Wines & Spirits, Jiffy Lube, Shell, Circle K, Public Storage, Scooters Coffee, Chevron, Subway, and Shipley Do-Nuts, providing a consistent customer base.

Strong Trade Area Demographics | Six-Figure Incomes.
More than 202,000 residents and 100,000 employees support the 5-mile trade area.
$155,879 average household income within a 5-mile radius, projected to increase to $170,164 by 2030.

Located 30 Miles North of Downtown Houston.
Spring is a submarket of Houston, the 4th most populous city in the US, with a population exceeding 2.3 million
Adjacent to The Woodlands, one of the most coveted neighborhoods in Houston.

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Listing ID: a28TP000002sBBpYAM