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527 Barren Springs Dr

6,624 SF 85% Leased Retail Building Houston, TX 77090 £803,598 (£121/SF) 7.50% Net Initial Yield

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Investment Highlights

Surrounded by densely populated neighborhoods and apartments.
$142.2 MM total consumer spending within 1-mile.

100% Economic Occupancy.

Executive Summary

Partners is pleased to present Barren Springs Center, an exceptional investment opportunity in the heart of North Houston. This 6,624 SF multi-tenant strip center, situated on a .40-acre parcel at 527 Barren Spring Dr, Houston, TX 77090. Built in 1984 and renovated in 2023, this strip center boasts a 100% economic occupancy rate. Strategically positioned near the intersection of Barren Springs Dr. and Ella Blvd., Barren Springs Center benefits from high visibility and accessibility. With over 165 feet of frontage along Barren Springs Dr., tenants enjoy seamless ingress and egress, while a prominent pylon sign enhances exposure to passing traffic.

527 Barren Springs Flyer

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

6,624 SF

Building Class

Year Built/Renovated

1984/2023

Price

£803,598

Price Per SF

£121

Net Initial Yield

7.50%

NOI

£60,270

Percent Leased

85%

Tenancy

Multiple

Number of Floors

Building FAR

0.38

Land Acres

0.40 AC

Zoning

Commercial

Parking

23 Spaces (3.47 Spaces per 1,000 SF Leased)

Frontage

165 ft on Barren Springs Dr

Amenities

Pylon Sign

Air Conditioning

Space Availability

B
1,010 SF
Retail
In-Line
Now

1/6

527 Barren Springs Dr, Houston, TX for sale Interior Photo- Image 1 of 6 — Interior Photo

527 Barren Springs Dr, Houston, TX for sale Interior Photo- Image 2 of 6 — Interior Photo

527 Barren Springs Dr, Houston, TX for sale Interior Photo- Image 3 of 6 — Interior Photo

527 Barren Springs Dr, Houston, TX for sale Interior Photo- Image 4 of 6 — Interior Photo

527 Barren Springs Dr, Houston, TX for sale Interior Photo- Image 5 of 6 — Interior Photo

527 Barren Springs Dr, Houston, TX for sale Interior Photo- Image 6 of 6 — Interior Photo

Small open layout retail space available for immediate occupancy. Space features all new LED lights, LVP flooring, HVAC system and plumbing features. Rent includes water, office trash and exterior maintenance. Space is separately metered for electric service. Perfect location of your small retail or office use business. See attached photos! Schedule a tour today!

Space	Size	Space Use	Position	Available
B	1,010 SF	Retail	In-Line	Now

Size

1,010 SF

Space Use

Retail

Position

In-Line

Available

Now

1 of 6

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

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traffic

527 Barren Springs Dr, Houston, TX - aerial map view

PROPERTY TAXES

Parcel Number	1154140000008	Improvements Assessment	£315,366
Land Assessment	£97,205	Total Assessment	£412,571

PROPERTY TAXES

Parcel Number

1154140000008

Land Assessment

£97,205

Improvements Assessment

£315,366

Total Assessment

£412,571

Dimitri Jordan, CCIM
Davis Amanyisye, CCIM
Partners

(713) 405-7483

Listing ID: 30958098
Date on Market: 30/10/2024
Last Updated:
Address: 527 Barren Springs Dr, Houston, TX 77090