Jiffy Lube Cypress, TX

12701 Telge Road
Cypress, TX

Price: $3,199,000
Cap Rate: 5.45%
NOI: $174,335
Building Size: Approx. 4,042 Sq. Ft.
Lot Size: Approx. 0.78 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,042+/- SF Building on 0.78+/- Acre Site
  • 15-Yr Corp Absolute NNN Lease w/ 10% Rent Bump Every 5-Yrs
  • Strategically Located 1.5 Miles from U.S. 290 (92K VPD)
  • Near McDonald’s, Wingstop, Sonic, H-E-B, FedEx Office and Chase Bank
  • Strong Income Demographics w/ est. $149,925 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+