20445 Cypresswood Dr - Retail FOR SALE


Cypress, TX 77433
$4,611,931 USD
332-345-4268
20445 Cypresswood Dr, Cypress, TX for Sale
$4,611,931 USD
Retail - FOR SALE
1/3
null | 5.65% Cap Rate

20445 Cypresswood Dr
Cypress, TX 77433


HIGHLIGHTS

  • Exceptional Corporate Guarantee
  • Growing Vehicle Base & Longer Ownership
  • Robust Traffic Counts | Exposure to Major Thoroughfare
  • Affluent & Dense Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Sun Auto located at 20445 Cypresswood Drive, Houston, TX 77433. The site consists of roughly 5,542 rentable square feet of building space on an estimated .56-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 $260,574 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$4,611,931 USD

PRICE/SF

$832 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sun Auto

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

-

APN/PARCEL ID

1172960010005

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.