20703 Tuckerton Rd - Fast Food FOR SALE


Cypress, TX 77433
$3,767,000 USD
415-604-4288
20703 Tuckerton Rd, Cypress, TX for Sale
$3,767,000 USD
Fast Food - FOR SALE
1/7
null | 4.5% Cap Rate

20703 Tuckerton Rd
Cypress, TX 77433


HIGHLIGHTS

  • New 15-year absolute NNN lease to a major national QSR tenant
  • 10% rental increases every five (5) years in initial term and option periods, providing a passive long-term income generator
  • No landlord management, an ideal opportunity for passive investors
  • Chipotle is the only restaurant company of its size that owns and operates all its restaurants
  • Chipotle is ranked on the Fortune 500 and is recognized on the 2024 list for Fortune’s Most Admired Companies

OVERVIEW

This Chipotle is located near the signalized hard corner of Fry Road and Tuckerton Road, which experiences a high-traffic count of 41,894 vehicles per day. The property is within walking distance of Cypress’s master-planned communities such as Bridgeland, Cypress Lakes, and Blackhorse Ranch. Prime location minutes from Lone Star College - CyFair Campus, Bridgeland High School, and Cypress Ranch High School, establishing a built-in customer base of more than 20,000 students. The population within a one-mile radius of the site has increased by nearly 800% since the 2010 U.S. Census and by 61% since the 2020 U.S. Census, illustrating the area’s rapid growth. Located in an extremely affluent region with an average annual household income of $221,069 within a one-mile radius. The population count within a five-mile radius of the site is 229,725 (a 14% increase since the 2020 U.S. Census). Cypress is located less than 25 miles northwest of Downtown Houston, the most populous city in Texas with a current metro area population of 6.8 million.

FOR SALE DETAILS

PRICE

$3,767,000 USD

PRICE/SF

$1,620 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Scott CrowleCushman & WakefieldMore Info
415-604-4288

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Scott CrowleCushman & WakefieldMore Info
415-604-4288

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