14904 Spring Cypress RdCypress, TX 77429
For Sale
$4,290,000
High-Yield NNN Lease, 20-Year Term
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 126
Highlights
- 20-Year Primary Term, Absolute NNN Lease.
- Zero Landlord Responsibilities.
- Rare 10-Year Renewal Options with 10% Rent Increases Every 5 Years.
- 5% Rent-to-Sales Ratio.
- Affluent location, average household income exceeding $161,000 within one mile.
- High traffic counts: 24,529 VPD on Spring Cypress Rd and 37,785 VPD on Telge Rd.
Property Details for 14904 Spring Cypress Rd
- Property type
- Retail properties, Auto shops
- Square Feet
- 5,746 SF
- Year Built/Renovated
- 2015/2022
Location Insight
- City
- Cypress
- County
- Harris
- State
- Texas
- Latitude
- 29.99187851336
- Longitude
- -95.650211530509
14904 Spring Cypress Rd, Cypress, Texas
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield NNN Lease, 20-Year Term
- Where is the retail property located?
- The property is located at 14904 Spring Cypress Rd Cypress, TX.
- What is the asking price?
- The asking price for this property is $4,290,000.
- What are key features of this property?
- This property features: 20-Year Primary Term, Absolute NNN Lease.; Zero Landlord Responsibilities.; Rare 10-Year Renewal Options with 10% Rent Increases Every 5 Years.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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