12380 Barker Cypress Rd - Auto Repair FOR SALE


Cypress, TX 77429
$2,199,329 USD
332-345-4268
12380 Barker Cypress Rd, Cypress, TX for Sale
$2,199,329 USD
Auto Repair - FOR SALE
1/3
null | 5.5% Cap Rate

12380 Barker Cypress Rd
Cypress, TX 77429


HIGHLIGHTS

  • Exceptional Corporate Guarantee
  • Income Tax-Free State
  • Recession-Resistant Service
  • Growing Vehicle Base & Longer Ownership

OVERVIEW

Surmount is pleased to present the exclusive listing for a Sun Auto located at 12380 Barker Cypress Road, Houston, TX 77429. The site consists of roughly 3,648 rentable square feet of building space on an estimated .79-acre parcel of land. Sun Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 12/15/2020. The current annual rent is $120,963 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$2,199,329 USD

PRICE/SF

$603 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

-

APN/PARCEL ID

1230170010001

ASK ABOUT THIS PROPERTY

Ryan SblendorioSurmountMore Info
332-345-4268

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Ryan SblendorioSurmountMore Info
332-345-4268

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