12701 Telge Rd - Auto Repair FOR SALE


Cypress, TX 77429
$3,120,728 USD
303-808-6311
12701 Telge Rd, Cypress, TX for Sale
$3,120,728 USD
Auto Repair - FOR SALE
1/2
null | 5.75% Cap Rate

12701 Telge Rd
Cypress, TX 77429


HIGHLIGHTS

  • Corporate-backed Jiffy Lube tenant with national brand recognition and over 2,000 locations nationwide
  • Absolute NNN lease structure providing passive ownership with no landlord expense obligations
  • High-traffic retail corridor with ~28,600 VPD on Telge Road and strong regional connectivity to US-290 and SH 99
  • Located in Cypress, a rapidly growing Houston submarket with strong household incomes and expanding residential base

OVERVIEW

Located in One of Houston’s Fastest-Growing and Most Affluent Submarkets The property is strategically positioned in Cypress, one of the Houston MSA’s premier suburban growth markets, recognized for its exceptional population growth, affluent demographics, and continued residential expansion. Supported by nationally recognized master-planned communities including Bridgeland and Towne Lake, the area continues to attract new residents, businesses, and retail investment. High-Visibility Location Along a Major Retail Corridor Situated along Telge Road, the property benefits from approximately 28,600 vehicles per day and exceptional visibility at the signalized intersection of Telge Road and Jarvis Road, where the two roadways carry a combined traffic volume of more than 37,000 vehicles daily. The site offers convenient access to U.S. Highway 290 and SH 99 (Grand Parkway), providing excellent connectivity throughout Northwest Houston while capturing both commuter and local consumer traffic. Affluent Demographics with Expanding Residential Base The immediate trade area is characterized by high household incomes, exceptional homeownership, and continued residential development. More than 96,000 residents reside within a three-mile radius with an average household income approaching $139,000, providing a strong consumer base that supports long-term demand for automotive maintenance and neighborhood retail services. Surrounded by National Retailers and Daily Traffic Drivers The surrounding trade area is anchored by a strong concentration of national retailers including H-E-B, Kroger, Target, Walmart Supercenter, Lowe’s, Home Depot, Chick-fil-A, Starbucks, McDonald’s, Walgreens, CVS Pharmacy, and numerous daily-needs retailers, creating a highly established retail corridor that generates consistent consumer traffic and reinforces long-term demand for necessity-based businesses. Positioned Within One of the Nation’s Strongest Metropolitan Economies As part of the Houston MSA, the property benefits from one of the largest and most diversified economies in the United States. Continued population migration, employment growth, infrastructure investment, and business expansion provide a strong foundation for long-term retail demand and real estate appreciation. Supported by Durable, Necessity-Based Demand Routine vehicle maintenance remains an essential and recurring component of vehicle ownership. As vehicle ownership continues to grow and the average age of automobiles increases, demand for preventative maintenance services—including oil changes, inspections, battery replacement, and fluid services—continues to support stable operations and long-term tenant occupancy.

FOR SALE DETAILS

PRICE

$3,120,728 USD

PRICE/SF

$772 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

18.39 AC

LAND SF

801,068 SF

ZONING

-

APN/PARCEL ID

0450630000028

ASK ABOUT THIS PROPERTY

Blake TagmyerCushman & WakefieldMore Info
303-808-6311

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

Blake TagmyerCushman & WakefieldMore Info
303-808-6311

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