9240 Fry Rd - Auto Repair FOR SALE


Cypress, TX 77433
$5,043,398 USD
332-345-4268
9240 Fry Rd, Cypress, TX for Sale
$5,043,398 USD
Auto Repair - FOR SALE
1/3
null | 5.65% Cap Rate

9240 Fry Rd
Cypress, TX 77433


HIGHLIGHTS

  • Exceptional Corporate Guarantee
  • Growing Vehicle Base & Longer Ownership
  • Exceptional Roadside Visibility onto Fry Rd (21,200+ ADTC)
  • Affluent & Dense Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Sun Auto located at 9240 Fry Road, Cypress, TX 77433. The site consists of roughly 6,703 rentable square feet of building space on an estimated 1.09-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 $284,952 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$5,043,398 USD

PRICE/SF

$752 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sun Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

-

APN/PARCEL ID

1373880010034

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.