713-900-3011
566 W FM-1960
Houston, TX 77090
Cypress Station
HIGHLIGHTS
- 100% leased multi-tenant retail center featuring a diverse service-oriented, internet resistant tenant line-up poised to serve the dense trade area
- Long-term upside through NNN lease conversion to enhance recovery income and a 4.46% RSF discrepancy offering additional future rental income
- Located along FM 1960 near I-45, the Property benefits from immediate access to a combined 243,000+ cars per day
- Adjacent to a well-performing Kroger anchored power center, driving over 3.8 million customer visits annually (per Placer.ai)
- Positioned within a dense retail, medical and industrial/flex hub, underpinning an exceptional daytime population of 254,000+ people (5-miles)
- With its nation-leading population and job growth, thriving economy, and pro-business environment, Texas is a prime CRE investment destination
OVERVIEW
100% leased multi-tenant retail center featuring a diverse service-oriented, internet resistant tenant line-up poised to serve the dense surrounding residential trade area. Cash-flowing asset with long-term upside through NNN lease conversion to enhance recovery income, and a 4.46% RSF discrepancy offering additional future rental income via suite remeasurement or new leases
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
North Cypress Market Square
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
0.92 AC
LAND SF
40,075 SF
ZONING
N/Ap
APN/PARCEL ID
1186320000006
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713-900-3011
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713-900-3011
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