Cypress, TX Retail Property For Sale

PROPERTY HIGHLIGHTS

• +/-10,199 SF retail center for sale; currently 80% occupied

• Great value-add opportunity with below market rents in a well-maintained, owner-managed neighborhood center

• Approximately a 7% cap rate, with a 1-year master lease of 2 small vacancies; All other leases recently signed under 3–5 year terms

• New roof 2015; siding repaired in 2019; exterior painted in 2022

• Approximately 25% of the enter is occupied by Leslie’s Pools, a publicly traded company

• Located on the northwest corner of Louetta Road and Heatherwick Drive, less than 2 miles west of SH 249

• Excellent visibility in high traffic residential area with average traffic of over 27,580 vehicles per day on Louetta Road

• Full demographic package available

• Contact Broker for financials and further information

• PLEASE DO NOT DISTURB TENANTS, CONTACT BROKER

LOCATION OVERVIEW

• Hard Corner location in Cypress

• Direct visibility to 23,695 vehicles per day

• Great daytime population aided by schools

• Ample Parking

LOCATION OVERVIEW

• Hard Corner location in Cypress

• Direct visibility to 23,695 vehicles per day

• Great daytime population aided by schools

• Ample Parking

» +/- 1.74 Acres Total

» Flexible acreage/site planning

» Desirable Northwest Houston submarket with Great

redevelopment opportunity

» Located at the signalized corner of Cypress N. Houston and Huffmeister

» Frontage and visibility on both streets (398’ ft. on Huffmeister, 176’ on Cypress N. Houston)

» Ingress/egress from both streets (2 curb-cuts in place on both streets)

» Ideal Use: Multi-family development, Office warehouse, Self-storage, Retail, office condo., Medical

» Out of flood plain and full utilities

Great opportunity to own property to house your business just renovated house that can be a flex office space or business center and a 4500 sqft shop/metal building in the back sitting on 3 acres corner land, just across the street from Cypress ISD main brand new building, down the street from 290 feeder, across the street from the brand new Cy-Fair ISD main administration new campus with estimated 700 employees, down the street from the new huge new Amazon DHT4 huge warehouse and next door to PipeLine Machinery International / Caterpillar Inc.