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SRS Real Estate Partners Represents Sale Of 42,000-SF Retail Property In Kingwood For $12.5M

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SOLD
$12,500,000

Texas

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Retail42,000 SF
Sold 01/15/2026
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SOLD

SRS Real Estate Partners Represents Sale Of 42,000-SF Retail Property In Kingwood For $12.5M

7990 West Lake Houston Parkway

See Similar Deals
Retail42,000 SF
Sold 01/15/2026
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Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$297
Total Square Footage:42,000 SF
Transaction Type:Sale

A retail property located at 7990 West Lake Houston Parkway in Kingwood has been sold for $12,500,000. The asset encompasses 42,000 square feet and is situated on 4.6 acres. The property features a new 15-year triple net lease and is part of a retail development near Atascocita Commons, a significant shopping center.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,500,000
  • Square Footage: 42,000
  • Address: 7990 West Lake Houston Parkway
  • Market: Kingwood
  • PPSF: $298
  • Lease Type: 15-year triple net lease
  • Acres: 4.6

The transaction was facilitated by brokers Patrick Luther and Matthew Mousavi from SRS Real Estate Partners, who represented the seller in the deal involving the EoS Fitness property, built in 2024.

Players

Patrick Luther
62 deals$949.3M volume
BROKER

Matthew Mousavi
SRS Real Estate Partners
75 deals$1.1B volume
BROKER

Details

SOLD
IMAGE: Patrick Luther & Matthew Mousavi DATE: 01/15/2026 ADDRESS: 7990 West Lake Houston Parkway MARKET: Kingwood ASSET TYPE: Retail ~ SF: 42,000 ~ ACRES: 4.6 BROKERS: Patrick Luther (@Luther_Companies) & Matthew Mousavi - SRS Real Estate Partners (@SRSRealEstatePartners) SALE PRICE: $12,500,000 SF: 42,000 ~ PPSF: $298 NOTE: SRS Real Estate Partners sold a 42,000-sf EoS Fitness property at 17990 W. Lake Houston Parkway in Atascocita, TX, for $12.5M, with a new 15-year triple net lease. The property, built in 2024 on 4.6 acres, anchors a retail development near Atascocita Commons, a major shopping center.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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