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Elyson Town Center 7016 Elyson Exchange Way
6,904 - 182,635 SF of Office/Retail Space Available in Cypress, TX 77433
Highlights
- Elyson Town Center offers high-end retail and office space with a variety of features, and the first buildings are set to deliver end of Q1 2025.
- Lofty average household income of $114,000+ contributes to over $1.6 billion in total specified consumer spending each year within a 5-mile radius.
- Office rates start at $32 NNN, retail rates range from $42 to $45 NNN, and Realty 1 Partners is offering a tenant improvement allowance of $45/SF.
- Developed by Newland, which brought Cinco Ranch and Seven Meadows to Houston, and part of the master-planned Elyson community that spans 3,643 acres.
- Located at a hard-corner signalized intersection at FM 529 and Grand Parkway, with combined traffic counts of over 71,000 vehicles per day.
- Estimated population within a 3-mile radius is 68,629 residents across 20,161 households with a youthful median age of 31.5 years.
Space Availability (10)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,174 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $322,830 /YR $26,903 /MO | Triple Net (NNN) | ||
| 1st Floor | 6,904 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $310,680 /YR $25,890 /MO | Triple Net (NNN) | ||
| 1st Floor | 6,904 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $310,680 /YR $25,890 /MO | Triple Net (NNN) | ||
| 1st Floor | 25,582 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $1,151,190 /YR $95,933 /MO | Triple Net (NNN) | ||
| 1st Floor | 25,582 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $1,151,190 /YR $95,933 /MO | Triple Net (NNN) | ||
| 1st Floor | 20,309 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $913,905 /YR $76,159 /MO | Triple Net (NNN) | ||
| 1st Floor | 21,282 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $957,690 /YR $79,808 /MO | Triple Net (NNN) | ||
| 1st Floor | 7,815 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $351,675 /YR $29,306 /MO | Triple Net (NNN) | ||
| 1st Floor | 30,683 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $1,380,735 /YR $115,061 /MO | Triple Net (NNN) | ||
| 2nd Floor | 30,400 SF | 5-10 Years | $33.00 /SF/YR $2.75 /SF/MO $1,003,200 /YR $83,600 /MO | Triple Net (NNN) |
7022 Elyson Exhange Way - 1st Floor
Single-story retail building that comes with a 1,500 gl grease trap and a drive-thru with multiple entrances off FM 529. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7046 Elyson Exchange Way - 1st Floor
Single-story retail building that comes with a 1,500 gl grease trap with multiple entrances off FM 529. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7040 Elyson Exchange Way - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Sits on the park / Green SPace
- 2500 gl Grease Trap with building
7034 Elyson Exchange Way - 1st Floor
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7052 Elyson Exchange Way - 1st Floor
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7058 Elyson Exchange Way - 1st Floor
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7064 Elyson Exchange Way - 1st Floor
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7028 Elyson Exchange Way - 1st Floor
Single-story retail building that comes with a 1,500 gl grease trap and a drive-thru with multiple entrances off FM 529. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
7070 Elyson Exchange Way - 1st Floor
Single-story retail building that comes with a 1,500 gl grease trap and a drive-thru with multiple entrances off FM 529. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 61,083 SF of adjacent space
- $45 T.I. Allowance
- Parks and Green Space
7070 Elyson Exchange Way - 2nd Floor
Single-story retail building that comes with a 1,500 gl grease trap and a drive-thru with multiple entrances off FM 529. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 61,083 SF of adjacent space
- $45 T.I. Allowance
- Parks and Green Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Elyson Town Center
- Tenant
- Description
- US Locations
- Reach
- Akashi Sushi
- Accommodation and Food Services
- -
- -
- Shipleys
- Accommodation and Food Services
- -
- -
- Smoothie King
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Akashi Sushi | Accommodation and Food Services | - | - |
| Shipleys | Accommodation and Food Services | - | - |
| Smoothie King | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 7016 Elyson Exchange Way , Cypress, TX 77433
| Total Space Available | 182,635 SF | Frontage | 1,500’ on Freeman Road |
| Max. Contiguous | 61,083 SF | Gross Leasable Area | 174,901 SF |
| Center Type | Community Center | Total Land Area | 3,273.65 AC |
| Stores | 11 | Year Built | 2025 |
| Center Properties | 11 |
| Total Space Available | 182,635 SF |
| Max. Contiguous | 61,083 SF |
| Center Type | Community Center |
| Stores | 11 |
| Center Properties | 11 |
| Frontage | 1,500’ on Freeman Road |
| Gross Leasable Area | 174,901 SF |
| Total Land Area | 3,273.65 AC |
| Year Built | 2025 |
About the Property
Elyson Town Center is the primary commercial hub for Elyson, a residential community led by Newland. The residential project will deliver over 6,000 homes, a neighborhood amenity center, and several parks with three schools from the highly rated Katy school district planned within it. Spaces at Elyson Town Center are suitable for a broad spectrum of office, retail, service, and restaurant tenants. There are second-floor options, drive-thru spaces, freestanding opportunities, and more. Realty 1 Partners manages multiple commercial developments in burgeoning submarkets throughout the Houston metro and is able to provide their expertise to streamline the move-in process and can offer tenant improvement allowances. New developments are already priming the immediate area to act as the principal commercial destination for thousands of new residents, as Target, AT&T, Visionworks, Mattress Firm, and Burlington recently opened across FM 529. Migration to the area has been immense in recent years, from 2010 to 2023, the number of households within a 3-mile radius grew approximately 40%, and that number is estimated to jump another 4% from 2023 to 2028. Other positive indicators signal continued growth here like the Katy ISD being ranked #1 in the Houston area or Niche designating Fort Bend as the second-best county to live in Texas. Elyson Town Center is poised to benefit from tremendous exposure via Grand Parkway traffic, with average daily vehicle counts of over 71,000 at Freeman Road (FM 529) and Grand Parkway. Reserve a space in Elyson Town Center and discover one of the Houston metro’s most powerful emerging submarkets today. Get in touch.
- Banking
- Corner Lot
- Freeway Visibility
- Drive Thru
- Car Charging Station
Nearby Major Retailers
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Elyson Town Center | 7016 Elyson Exchange Way
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