George J. Wommack Of Headwall Investments Acquires Shops On Gosling Retail Center In Spring
24309 Gosling Road
Building Size
—
Asset Type
Retail
Closing
Jul 15, 2025
AI
Headwall Investments has acquired a neighborhood shopping center located at 24309 Gosling Road in Spring, TX. This retail asset spans 34,613 square feet and is positioned within a market that features a service-oriented tenant mix, which includes tenants like Shipley Do-Nuts and Capital Title.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 24309 Gosling Road
- Market: Spring
- Asset Size: 34,613 SF
- Buyer: George J. Wommack
- Company: Headwall Investments
- Acquisition Count in Texas: 19
- Portfolio Size: ~645,000 SF
This transaction marks a strategic expansion for Headwall Investments, focused on acquiring unanchored shopping centers that promise high traffic and growth potential. George J. Wommack, representing Headwall Investments, plays a key role in the company’s distinction in the Texas market.
Spring Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93