Jiffy Lube FM 529 & Fry Road, TX

FM 529 & Fry Road, TX

Price: $3,202,000
Cap Rate: 5.45%
NOI: $174,511
Building Size: Approx. 4,042 Sq. Ft.
Lot Size: Approx. 0.68 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,042+/- SF Building on 0.68+/- Acre Site
  • 15-Yr Corp Absolute NNN Lease w/ 10% Rent Bump Every 5-Yrs
  • Strategically Located on Highway 6 North (60K VPD)
  • Near Taco Bell, Sonic, FedEx, Bank of America, Walgreens, Walmart
  • Strong Income Demographics w/ est. $107,384 within a 1-Mile Radius
  • Houston area is One of the Fastest Growing Metro Areas in the World
  • Cypress  |  24 Miles from Downtown Houston  |  Population: 182,000+

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