13808 Cypress North Houston Rd - Freestanding FOR SALE
Cypress, TX 77429 |
$1,500,000 USD
713-775-8899
13808 Cypress North Houston Rd
Cypress, TX 77429
HIGHLIGHTS
- Excellent Owner-User Opportunity
- Only Available Freestanding Retail Building in Submarket
- Versatile Layout for a Variety of Business Uses
- Priced Below-Replacement Cost ($214/SF): Ability for Investors to Purchase and Lease to Tenants for Upside
- Approximately 180 Feet of Frontage on Cypress North Houston Road: Over 18,000 Vehicles Per Day
OVERVIEW
Marcus & Millichap is pleased to exclusively offer for sale a freestanding building, formerly occupied by AutoZone, located at 13808 Cypress North Houston Road, in Cypress, Texas. This 7,000-square-foot-building is situated on 45,738 square feet of land. This is an excellent opportunity for a user to purchase a freestanding building to operate out of. An investor will benefit from an attractive cashflow by leasing the building at market rents of $18 to 24 per square foot plus triple-nets.
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$214 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Vacant Auto Parts Building
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.05 AC
LAND SF
45,738 SF
ZONING
-
APN/PARCEL ID
1291890010001
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713-775-8899
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713-775-8899
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