Cotton Patch

Cotton Patch Cafe

5433 Farm to Market 2920
Spring, TX

Price: $2,954,000
Cap Rate: 6.5%
NOI: $192,000
Building Size: Approx. 4,300 Sq. Ft.
Lot Size: Approx. 1.32 Acres
Status: Sale Pending
Type: Single-Tenant / Retail
Sub Category: Fast Casual
Year Built: 2018

Investment Overview

  • 2018 Construction. 4,300+/- SF Building on 1.32+/- Acre Site
  • New 15 Year Corporate NNN Lease beginning September 2018
  • Located along FM 2920 (25K VPD), just W of Kuykendahl Rd (17K VPD)
  • Adjacent to H-E-B | Near SBUX, Chick-fil-A, Lowes, Sprouts, Whataburger
  • 1-Mile SE of Grand Parkway Marketplace (Target Anchored 500K S.F Center)
  • Spring is a growing suburb of Houston w/ 8.1% 1-Mile Pop Increase (2000-2018)
  • Major Employers HQ: BP America | Astra Holdings USA| Exxon Mobil HQ Campus
  • 7-Miles South of ExxonMobil’s new state-of-the-art campus (10,000 Employees)
  • 3-Mile Radius: 2018 Pop: 77,845 | Average Household Income: $109,464
  • Greater Houston ( MSA) | Sixth Largest MSA in the U.S | Pop: 5,946,800