Spring, TX - Heartland Dental & Tropical Smoothie

Description:

• Both tenants recently executed brand-new 10-year leases with additional renewal options, securing long-term income
• Each lease features 10% rental increases every 5 years and at the beginning of each option, driving NOI growth and offering a built-in hedge against inflation
• The property underwent a remodel in 2025, enhancing long-term value

• The property benefits from strong frontage on State Hwy 99 (44,800 VPD), a key local thoroughfare serving the greater Houston metro
• Just minutes from I-45 (231,500 VPD), a major regional arterial, the site enjoys excellent connectivity throughout Texas
• The property is adjacent to a Walmart Supercenter, complemented by numerous out-parcel brands including Starbucks, Whataburger, and CVS
• Situated within a dense retail corridor alongside other major brands such as Kroger, Regal, and H-E-B, supporting strong traffic and cross-shopping activity

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Listing ID: a28TP000001nPkfYAE