8434 Spring Cypress Road
Spring, TX
Price:
$1250000
Cap Rate:
6.00%
NOI:
$75,000
Building Size:
Approx. 1634 Sq. Ft.
Lot Size:
Approx. 0.57 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2017
Investment Overview
- 2017 Construction. 1,634+/- SF Building on .57+/- Acre Site
- New 10-Year Corp, NNN GL w/ 10% Rent Bumps Every 5-Yrs
- Located along Spring Cypress Dr (33K VPD), just S of Hwy 99
- Adjacent to SBUX & future Chick-fil-A | Near Kroger, McDonalds
- Subject property is near Kroger anchored Stables Town Center
- Attractions: The Galleria | NRG Stadium | Space Center | Houston Zoo
- Major Employers: BP America | Shell Oil Company | Exxon Mobil Camp
- 3-Mile Radius: 2017 Est Pop: 88,487 | 3-Mile Avg HH Income: $125,779
- Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800