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12701 Telge Rd 4,042 SF 4-Star Retail Building Cypress, TX 77429 $3,120,728 ($772.08/SF) 5.75% Cap Rate

Investment Highlights
- Corporate-backed Jiffy Lube tenant with national brand recognition and over 2,000 locations nationwide
- High-traffic retail corridor with ~28,600 VPD on Telge Road and strong regional connectivity to US-290 and SH 99
- Absolute NNN lease structure providing passive ownership with no landlord expense obligations
- Located in Cypress, a rapidly growing Houston submarket with strong household incomes and expanding residential base
Executive Summary
Located in One of Houston’s Fastest-Growing and Most Affluent Submarkets
The property is strategically positioned in Cypress, one of the Houston MSA’s premier suburban growth markets, recognized for its exceptional population growth, affluent demographics, and continued residential expansion. Supported by nationally recognized master-planned communities including Bridgeland and Towne Lake, the area continues to attract new residents, businesses, and retail investment.
High-Visibility Location Along a Major Retail Corridor
Situated along Telge Road, the property benefits from approximately 28,600 vehicles per day and exceptional visibility at the signalized intersection of Telge Road and Jarvis Road, where the two roadways carry a combined traffic volume of more than 37,000 vehicles daily. The site offers convenient access to U.S. Highway 290 and SH 99 (Grand Parkway), providing excellent connectivity throughout Northwest Houston while capturing both commuter and local consumer traffic.
Affluent Demographics with Expanding Residential Base
The immediate trade area is characterized by high household incomes, exceptional homeownership, and continued residential development. More than 96,000 residents reside within a three-mile radius with an average household income approaching $139,000, providing a strong consumer base that supports long-term demand for automotive maintenance and neighborhood retail services.
Surrounded by National Retailers and Daily Traffic Drivers
The surrounding trade area is anchored by a strong concentration of national retailers including H-E-B, Kroger, Target, Walmart Supercenter, Lowe’s, Home Depot, Chick-fil-A, Starbucks, McDonald’s, Walgreens, CVS Pharmacy, and numerous daily-needs retailers, creating a highly established retail corridor that generates consistent consumer traffic and reinforces long-term demand for necessity-based businesses.
Positioned Within One of the Nation’s Strongest Metropolitan Economies
As part of the Houston MSA, the property benefits from one of the largest and most diversified economies in the United States. Continued population migration, employment growth, infrastructure investment, and business expansion provide a strong foundation for long-term retail demand and real estate appreciation.
Supported by Durable, Necessity-Based Demand
Routine vehicle maintenance remains an essential and recurring component of vehicle ownership. As vehicle ownership continues to grow and the average age of automobiles increases, demand for preventative maintenance services—including oil changes, inspections, battery replacement, and fluid services—continues to support stable operations and long-term tenant occupancy.
The property is strategically positioned in Cypress, one of the Houston MSA’s premier suburban growth markets, recognized for its exceptional population growth, affluent demographics, and continued residential expansion. Supported by nationally recognized master-planned communities including Bridgeland and Towne Lake, the area continues to attract new residents, businesses, and retail investment.
High-Visibility Location Along a Major Retail Corridor
Situated along Telge Road, the property benefits from approximately 28,600 vehicles per day and exceptional visibility at the signalized intersection of Telge Road and Jarvis Road, where the two roadways carry a combined traffic volume of more than 37,000 vehicles daily. The site offers convenient access to U.S. Highway 290 and SH 99 (Grand Parkway), providing excellent connectivity throughout Northwest Houston while capturing both commuter and local consumer traffic.
Affluent Demographics with Expanding Residential Base
The immediate trade area is characterized by high household incomes, exceptional homeownership, and continued residential development. More than 96,000 residents reside within a three-mile radius with an average household income approaching $139,000, providing a strong consumer base that supports long-term demand for automotive maintenance and neighborhood retail services.
Surrounded by National Retailers and Daily Traffic Drivers
The surrounding trade area is anchored by a strong concentration of national retailers including H-E-B, Kroger, Target, Walmart Supercenter, Lowe’s, Home Depot, Chick-fil-A, Starbucks, McDonald’s, Walgreens, CVS Pharmacy, and numerous daily-needs retailers, creating a highly established retail corridor that generates consistent consumer traffic and reinforces long-term demand for necessity-based businesses.
Positioned Within One of the Nation’s Strongest Metropolitan Economies
As part of the Houston MSA, the property benefits from one of the largest and most diversified economies in the United States. Continued population migration, employment growth, infrastructure investment, and business expansion provide a strong foundation for long-term retail demand and real estate appreciation.
Supported by Durable, Necessity-Based Demand
Routine vehicle maintenance remains an essential and recurring component of vehicle ownership. As vehicle ownership continues to grow and the average age of automobiles increases, demand for preventative maintenance services—including oil changes, inspections, battery replacement, and fluid services—continues to support stable operations and long-term tenant occupancy.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,042 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$3,120,728
Price Per SF
$772.08
Cap Rate
5.75%
NOI
$179,442
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
18.39 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 2
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12701 Telge Rd
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