14702 Telge Road
Cypress, TX
Price:
$6,575,000
Cap Rate:
4.50%
NOI:
$295,899
Building Size:
Approx. 4,842 Sq. Ft.
Lot Size:
Approx. 2.1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 4,842+/- SF Building on 2.10+/- Acre Site
- 11+ Years Remaining on Initial 15 Year Corporate NNN Lease w/ (4) 5 Year Options to Renew
- Hard Corner Location at the Signalized Intersection of Spring Cypress Rd & Telge Rd (53K VPD)
- Cypress is Located 20 Miles North of Downtown Houston and is One of Houston’s Largest Suburbs
- Strong Income Demos w/ an est. $169,435 Within a 1 Mile Radius of the Property
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Cypress | Part of the Houston MSA | Population: 182,000+