9546 Fry Rd | Cypress, TX 77433
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9546 Fry Rd
Cypress, TX 77433
Retail Property For Sale
Investment Highlights
- New 15-Year Absolute NNN Corporate Lease with 10% Rental Increases Every Five (5) Years
- Direct Access to More than 40,000 Vehicles per Day Near the Signalized Hard Corner of Fry Road and Tuckerton Road
- Affluent Average Annual Household Income of $221,069 Within a One-Mile Radius of the Site
- No Landlord Management, an Ideal Opportunity for an Out-of-Area Investor
- Dense Five-Mile Population of 229,725 Residents (Projected to Increase by 11%+ by 2029)
- New High-Quality 2024 Construction Built to Dutch Bros’ Latest Prototype
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Fast Food
Building Size
950 SF
Building Class
B
Year Built
2024
Price
$2,572,000
Price Per SF
$2,707
Cap Rate
5.25%
NOI
$135,030
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.56 AC
Parking
13 Spaces (13.68 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
PROPERTY TAXES
Parcel Number | 1346510010004 | Improvements Assessment | $300,167 |
Land Assessment | $3,517,956 | Total Assessment | $3,818,123 |
PROPERTY TAXES
Parcel Number
1346510010004
Land Assessment
$3,517,956
Improvements Assessment
$300,167
Total Assessment
$3,818,123
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