Net Realty Completes Sale of Ace Hardware Anchored Shopping Center in Houston (Spring), Texas

NNN Retail Advisors recently completed the sale of Rayford Shoppes in Spring, Texas.  Rayford Shoppes is a 15,314 shopping center built in 2019. Ace Hardware and Tapout Fitness both signed 10 year leases in the center, that include 10% rent increases in their primary terms and options.   The property is located in Spring, a fast growing suburb of Houston, Texas.  The average household income in a 1 mile radius exceeds $200,000 per year.  For more information on the sale, contact Gavin Kam at gavin@nnnretailadvisors.com or 972 375 3437