8506 Spring Cypress Road
Spring, TX
Price:
$2280000
NOI:
$114,000
Building Size:
Approx. 2000 Sq. Ft.
Lot Size:
Approx. 0.72 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Construction. 2,000+/- SF Building on .72+/- Acre Site
- New 10-Year Corp Lease w/ 10% Rent Bumps Every 5-Yrs
- RELO w/Drive-Thru | Located along Spring Cypress Dr (33K VPD)
- Attractions: The Woodlands Mall | ExxonMobil Houston Campus
- Spring is a suburb of Houston and is located 25-Miles N of Downtown
- Major Employers: BP America | Shell Oil Company | Exxon Mobil
- Houston is 2nd to NY City in Fortune 500 HQ’s – Ranked Forbes Top City
- 3-Mile Radius: 2016 Est Pop: 86,270 l 3-Mile Avg. HH Income: $128,898
- Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800