12230 Dundee Ct - Retail FOR SALE


Cypress, TX 77429
$4,498,600 USD
805-889-7837
12230 Dundee Ct, Cypress, TX for Sale
$4,498,600 USD
Retail - FOR SALE
1/6
null | 6% Cap Rate

12230 Dundee Ct
Cypress, TX 77429


HIGHLIGHTS

  • Brand-new 2025 construction
  • 15-Year ABS NNN Lease with Mindful Health, Inc.
  • Corporate Guarantee
  • 1.25% annual increases beginning Year 3
  • Proximity to new Houston Methodist Cypress Hospital

OVERVIEW

AiCRE Partners is pleased to exclusively offer for sale a brand-new, single-tenant medical asset located at 12300 Dundee Court in the rapidly growing community of Cypress, TX. This 5,645 SF free-standing building is 100% leased to Mindful Health, Inc., under a 15-year Absolute NNN lease with zero landlord responsibilities, providing long-term cash flow backed by a corporate guarantee. Mindful Health is a fast-scaling, Texas-based behavioral health provider offering an all-in-one approach to outpatient mental wellness. Their service model includes therapy, psychiatry, TMS, Spravato, PHP/IOP programs, and holistic care—a critical and resilient sector in today’s healthcare landscape. The tenant is financially supported by WP Global Partners and on a rapid expansion path statewide. Strategically positioned in an affluent suburb with a median household income exceeding $137,000 and minutes from the upcoming $685M Houston Methodist Cypress Hospital, the property benefits from tremendous demographic and infrastructure momentum. Located near top schools, retail, and major thoroughfares including Hwy 290, this investment combines income durability with long-term appreciation potential.

FOR SALE DETAILS

PRICE

$4,498,600 USD

PRICE/SF

$797 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.23 AC

LAND SF

140,511 SF

ZONING

-

APN/PARCEL ID

1239230010005

ASK ABOUT THIS PROPERTY

Kaveh EbrahimiAiCRE PartnersMore Info
805-889-7837

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Kaveh EbrahimiAiCRE PartnersMore Info
805-889-7837

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