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3136 Cypress Creek Pky
Houston, TX 77068

$2,971,429 USD

Freestanding For Sale  •  3,000 SF

Property Details

• Property Type Freestanding
• Total Building Size 3,000 SF
• Lot Size 1.23 AC
• Year Built 2013
• Cap Rate 5.25 %
• Tenancy Single

29 Transit Score

64 Walk Score

Highlights

20 Year Absolute Net Ground Sale Leaseback Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term & Options.

Recent 2021 Renovation to the New Prototype Look. This Location Features a Drive-Thru.

Positioned Along Area’s Major Traffic & Retail Corridor - Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 47k Vehicles.

Densely Populated and Affluent Area: Avg. Household Income of $87k+ w/in a 1-Mile Radius and over 321k People Residing w/in a 5-Mile Radius.

Adjacent to a CVS Pharmacy and Near Numerous other National Retailers Including The Home Depot, Walmart Supercenter, ALDI, Sun’s Wholesale, etc

The Walmart Supercenter down the Street is Ranked Top 3% in the Chain Nationwide as the Most-Visited Location (3.81M+ Annual Visitors).

Cap Rate:

5.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Popeyes	3,000 SF	9/30/2044

Public Transportation

Airport	Drive	Walk	Distance
George Bush Intcntl/Houston	21 min	-	14.1 mi
William P Hobby	51 min	-	32.7 mi