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7422 Louetta

7422 Louetta Rd., Spring, TX 77379

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About

7422 Louetta represents a unique value-add opportunity when seeking a high-quality, turn-key asset in a prime location.
Through a 721 contribution, CIRE can take advantage of a 45k SF suite formerly occupied by a strong-performing LA Fitness, providing a solid foundation for a range of potential tenants.
One of the key strengths of 7422 Louetta is the retrofit-to-suit agreement with EOS Fitness on a new 20-year, NNN, escalating lease. This ensures long-term and reliable cash flow, making it an attractive option for stabilizing our diversified real estate portfolio.
Moreover, the hard RCD date just six months after closing escrow helps limit exposure to delayed build-out and ensure timely completion of tenant improvements, further enhancing the asset’s value and income potential.
With zero comparable properties undergoing construction within a 5-mile radius, 7422 Louetta presents a compelling investment opportunity with a strong competitive advantage. This is further reinforced by its prime location and absence of new competitive inventory, making it a highly desirable asset for tenants and investors alike.
Overall, this is an excellent opportunity for CIRE when seeking a value-add asset in a prime location, with the potential to generate steady and reliable cash flow over the long term.

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Retail

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45,000

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Varies

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2006/2023

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Houston-The Woodlands-Sugar Land, TX

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EOS Fitness

7422 Louetta represents a unique value-add opportunity when seeking a high-quality, turn-key asset in a prime location.

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7422 Louetta