3136 Cypress Creek Pky - Freestanding FOR SALE
Houston, TX 77068 |
$2,971,429 USD
858-373-3184
3136 Cypress Creek Pky
Houston, TX 77068
HIGHLIGHTS
- 20 Year Absolute Net Ground Sale Leaseback Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term & Options.
- Recent 2021 Renovation to the New Prototype Look. This Location Features a Drive-Thru.
- Positioned Along Area’s Major Traffic & Retail Corridor - Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 47k Vehicles.
- Densely Populated and Affluent Area: Avg. Household Income of $87k+ w/in a 1-Mile Radius and over 321k People Residing w/in a 5-Mile Radius.
- Adjacent to a CVS Pharmacy and Near Numerous other National Retailers Including The Home Depot, Walmart Supercenter, ALDI, Sun’s Wholesale, etc
- The Walmart Supercenter down the Street is Ranked Top 3% in the Chain Nationwide as the Most-Visited Location (3.81M+ Annual Visitors).
FOR SALE DETAILS
PRICE
$2,971,429 USD
PRICE/SF
$990 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
POPEYES w/ D-THRU | 20YR NNN GROUND LEASEBACK
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.23 AC
LAND SF
53,579 SF
ZONING
-
APN/PARCEL ID
1178820010067
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858-373-3184
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858-373-3184
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