Location Description
The property is located along Farm to Market Road 529 (aka Spencer Road), a major east/west thoroughfare with 38,460 vehicles passing by daily. Spencer Road connects Grand Pkwy (Highway 99) to US Highway 290. The service facility is also in very close proximity to Highway 6 which offers an additional 49,600 VPD. The asset is complete with 3 service bays and is located adjacent to a car wash,...
The property is located along Farm to Market Road 529 (aka Spencer Road), a major east/west thoroughfare with 38,460 vehicles passing by daily. Spencer Road connects Grand Pkwy (Highway 99) to US Highway 290. The service facility is also in very close proximity to Highway 6 which offers an additional 49,600 VPD. The asset is complete with 3 service bays and is located adjacent to a car wash, for added convenience to customers. The site is part of an exceptional retail corridor, boasting major tenants such as 24 Hour Fitness, Lowe’s, Ross Dress for Less, Sprouts, Target, The Home Depot, and Walmart Supercenter. The surrounding area is densely populated and affluent, with over 150,000 people making an average household income of $97,502 within a 3-mile radius. In addition to being surrounded by an abundance of single family homes, the property is adjacent to two new residential developments- Prose Copperfield (360 units) and Enclave at Copperfield (252 units). The site is about a 30 minute drive to downtown Houston, the 5th most populous MSA in the U.S. with 7 million residents. Houston is the Nation’s energy capital and a leader in national employment. There is a 17.2% increase in total population predicted between 2020-2029. Houston is about 150 miles east of Austin and approximately 230 miles south of Dallas.
...