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Vacant Auto Parts Building 13808 Cypress North Houston Rd 7,000 SF Retail Building Cypress, TX 77429 $1,500,000 ($214.29/SF)
INVESTMENT HIGHLIGHTS
- Excellent Owner-User Opportunity
- Versatile Layout for a Variety of Business Uses
- Approximately 180 Feet of Frontage on Cypress North Houston Road: Over 18,000 Vehicles Per Day
- Only Available Freestanding Retail Building in Submarket
- Priced Below-Replacement Cost ($214/SF): Ability for Investors to Purchase and Lease to Tenants for Upside
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to exclusively offer for sale a freestanding building, formerly occupied by AutoZone, located at 13808 Cypress North Houston Road, in Cypress, Texas. This 7,000-square-foot-building is situated on 45,738 square feet of land. This is an excellent opportunity for a user to purchase a freestanding building to operate out of. An investor will benefit from an attractive cashflow by leasing the building at market rents of $18 to 24 per square foot plus triple-nets.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2007
Price
$1,500,000
Price Per SF
$214.29
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.05 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1291890010001 | Improvements Assessment | $765,598 |
| Land Assessment | $303,910 | Total Assessment | $1,069,508 |
PROPERTY TAXES
Parcel Number
1291890010001
Land Assessment
$303,910
Improvements Assessment
$765,598
Total Assessment
$1,069,508
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Vacant Auto Parts Building | 13808 Cypress North Houston Rd
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