10122 Cypress Creek Bend Dr - Auto Repair FOR SALE


Cypress, TX 77433
$4,484,036 USD
713-623-6944
10122 Cypress Creek Bend Dr, Cypress, TX for Sale
$4,484,036 USD
Auto Repair - FOR SALE
1/1
null | 5.5% Cap Rate

10122 Cypress Creek Bend Dr
Cypress, TX 77433


HIGHLIGHTS

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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$4,484,036 USD

PRICE/SF

$1,000 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Service Street Auto – Tuckerton

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

-

APN/PARCEL ID

0471640000015

ASK ABOUT THIS PROPERTY

Jeffrey AronHunington Properties, Inc.More Info
713-623-6944

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Jeffrey AronHunington Properties, Inc.More Info
713-623-6944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.