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Service Street Auto – Tuckerton 10122 Cypress Creek Bend Dr

4,483 SF Retail Building Cypress, TX 77433 $4,144,908 ($925/SF) 5.95% Cap Rate

Investment Highlights

  • 20 Year Absolute Net Lease
  • Explosive residential growth
  • Centrally located between US 290 & FM 529
  • At the entrance to the 1,600 acre master planned community Cypress Creek Lakes

Executive Summary

10122 Cypress Creek Bend Dr, Cypress, TX 77433
Lease Type: Absolute NNN
Ownership Type: Fee Simple
Tenant Guarantor: Corporate
Asking Price: $4,484,036.36
NOI $246,622.00
Cap Rate: 5.50%
Primary Term 20 Years
Rent Increases: 1.50% Annual
Renewal Options: Four (4), 5-Year
Land Size (Acres): 1.12
Year Built: 2024
New Development Single Tenant Net Lease (STNL) Auto Repair Shop

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,483 SF
Building Class
C
Year Built
2024
Price
$4,144,908
Price Per SF
$925
Cap Rate
5.95%
NOI
$246,622
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.12 AC

Amenities

  • Pylon Sign
  • Air Conditioning

Nearby Major Retailers

Starbucks
H-E-B Foods
Yoga Six
Chase Bank
Five Guys
Dutch Bros Inc.
Salad and Go
Life Time Fitness
Pure Barre
F45 Training, Inc.
  • Listing ID: 32002740

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 10122 Cypress Creek Bend Dr, Cypress, TX 77433

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