Triple Net Investment Group is pleased to present Corporate Murphy Express at 8770 Fry Rd, Cypress, TX 77433, offered at $3,025,000 with NOI of $151,250. The property is secured by a 20-year Absolute NNN lease (9/30/2017 – 9/30/2037) with 10% rent increases every five years and four (4) five-year renewal options. Built in 2017, the asset features a 1,350 SF freestanding retail building on a 62,770 SF (1.44-acre) parcel with strong visibility along Fry Road. This investment offers long-term passive income backed by a nationally recognized fuel and convenience retailer.
The site is supported by 39,100 residents within a 1-mile radius, reflecting strong recent population growth. The area reports a median house-hold income of $144,600 with projected continued growth. Additionally, the trade area includes approximately 28,100 employees and a strong homeowner-dominant residential base. In Association with Broker of Records
Bethany Babcook
Foresite Commercial Real Estate