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Service Street Auto – Tuckerton | 10122 Cypress Creek Bend Dr
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Service Street Auto – Tuckerton 10122 Cypress Creek Bend Dr
4,483 SF Retail Building Cypress, TX 77433 $5,995,609 CAD ($1,337 CAD/SF) 5.95% Cap Rate
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INVESTMENT HIGHLIGHTS
- 20 Year Absolute Net Lease
- Explosive residential growth
- Centrally located between US 290 & FM 529
- At the entrance to the 1,600 acre master planned community Cypress Creek Lakes
EXECUTIVE SUMMARY
10122 Cypress Creek Bend Dr, Cypress, TX 77433
Lease Type: Absolute NNN
Ownership Type: Fee Simple
Asking Price: $4,144,907.56
NOI $246,622.00
Cap Rate: 5.95%
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
Lease Type: Absolute NNN
Ownership Type: Fee Simple
Asking Price: $4,144,907.56
NOI $246,622.00
Cap Rate: 5.95%
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
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,483 SF
Building Class
C
Year Built
2024
Price
$5,995,609 CAD
Price Per SF
$1,337 CAD
Cap Rate
5.95%
NOI
$356,739 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.12 AC
AMENITIES
- Pylon Sign
- Air Conditioning
NEARBY MAJOR RETAILERS
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Presented by
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Service Street Auto – Tuckerton | 10122 Cypress Creek Bend Dr
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