Mattress Firm NNN Property For Sale — Spring, TX
26710 I-45, Spring, TX 77386
This corporate-guaranteed Mattress Firm investment is strategically located along a bustling retail corridor in the Houston metropolitan area. Constructed in 2008, the 9,109-square-foot property sits on 0.36 acres and is offered at $2,680,000. The lease, recently renewed through October 31, 2031, demonstrates the tenant's long-term commitment and includes a five-year renewal option with a significant rent increase. This Modified NNN lease structure offers a stable and predictable income stream, with the tenant responsible for taxes, insurance, common area maintenance, and HVAC, thereby minimizing landlord obligations. Situated on Interstate 45, which sees over 235,000 vehicles per day, the property benefits from outstanding visibility and accessibility within the rapidly developing Spring…
- Address: 26710 I-45, Spring, TX 77386
- Asking price $2.68M
- 7.00% cap rate
- NOI $187,600
- 5.7 years remaining
- NNN lease
Asset type: Retail