Contact Property

The Pines Business Park - Phase II

Off-Market

616 Spring Hill Drive, Spring, TX 77386

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 141,260 SF
  • Lot Size 10.26 Acre
  • Parking Spaces Avail. 59
  • Parking Ratio 0.42/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2013

Location

  • Walk Score ® Car-Dependent (25)
  • Bike Score ® Somewhat Bikeable (29)
Powered by Walk Score ®
  • City Spring, TX
  • Neighborhood Spring
  • Zip Code 77386
  • Market Houston

Points of Interest

Shell

0.83 miles

Shell

0.87 miles

eVgo

0.92 miles

Texaco

1.35 miles

Kroger

1.46 miles

all time

2.00 miles

Exxon

2.44 miles

Valero

2.61 miles

Shell

2.67 miles

H-E-B Fuel

2.74 miles

Sawdust Park & Ride

1.35 miles

Energy Parking

1.47 miles

Nature Parking

1.62 miles

Science Parking

1.62 miles

Conroe ISD Bus Lot

2.08 miles

Anandarko Petroleum Corp. Parking Garage

3.01 miles

Tom Cox Parking

3.20 miles

Student Life Bldg Lot

4.27 miles

Academic Bldg 1 Lot

4.29 miles

Athletics Lot 1

4.31 miles

Wisdom Vegan Bakery

0.74 miles

3rd Coast BBQ

0.78 miles

McDonald's

0.83 miles

Sonic

0.85 miles

Kolache Factory

0.88 miles

Hyderabad House

0.98 miles

Whataburger

1.08 miles

Wendy's

1.16 miles

IHOP

1.17 miles

Wingstop

1.18 miles

H-E-B

0.96 miles

Big Lots

1.03 miles

Yun Loy Asian Market

1.09 miles

Kroger

1.42 miles

Aldi

1.58 miles

Walmart Supercenter

1.60 miles

Walmart Supercenter

2.69 miles

Kroger

2.73 miles

Spring Creek Market H-E-B

2.79 miles

Kroger

2.97 miles

H-E-B Pharmacy

0.97 miles

Walgreens

1.11 miles

South Montgomery County Volunteer Fire Department Station 11-1 (Central Station)

1.13 miles

Station 70

2.37 miles

South Montgomery County Volunteer Fire Department Station 2

2.39 miles

Station 78

2.39 miles

Oak Ridge North Police Department

2.42 miles

South Montgomery County Volunteer Fire Department Station 3

2.43 miles

CVS Pharmacy

2.67 miles

H-E-B Pharmacy

2.80 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 12 Jul, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Spring

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Spring Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.38
  • 2020 Office Vacancy Rate 20.91%
  • 2020 Office Completions (SF)
View more Spring market trends

Tax

  • Property Tax in 2021 $155,957
  • Market Value* $7,258,210
  • Assessed Value $7,258,210

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of The Pines Business Park - Phase II?

The Pines Business Park - Phase II totals 141,260 square feet.

When was this property built?

The Pines Business Park - Phase II was built in 2013.

When was The Pines Business Park - Phase II last sold?

The Pines Business Park - Phase II was last sold on 12 Jul, 2019.

What is the property tax for The Pines Business Park - Phase II?

The property tax for The Pines Business Park - Phase II in 2021 was $155,957.

What is the market value for The Pines Business Park - Phase II?

The market value* for The Pines Business Park - Phase II in 2021 was $7,258,210.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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