7-Eleven Cypress, TX

14702 Telge Road
Cypress, TX

Price: $6,330,000
Cap Rate: 4.25%
NOI: $269,000
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
  • 13+ 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+