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20303 FM 529 Rd
Cypress, TX 77433
Retail Property For Sale
Investment Highlights
- SHADOW-ANCHORED TO RECENTLY CONSTRUCTED FIESTA MART
- HIGH QUALITY DEMOGRAPHICS | 29% Population Growth Since 2010 | 284K Residents within 5 Miles | $103K Avg. Household Income
- INTERNET-RESISTANT TENANT LINEUP | Made up entirely of Food/Service retailers, 20303 FM 529 is resistant to “.com” retail influence.
- SURROUNDED BY NATIONAL RETAILERS | O’Reilly Auto Parts, CVS, Papa John’s, Walgreens, Verizon Wireless, Goodwill, Wells Fargo, and Family Dollar
- Total Traffic Counts Exceed 56K Vehicles Per Day
- No one tenant accounts for more than 23% of the total revenue, mitigating downside risk as leases mature
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,400 SF
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
2.17 AC
Zoning
n/a
Parking
33 Spaces (3.93 Spaces per 1,000 SF Leased)
About 20303 FM 529 RD , CYPRESS, TX 77433
20303 FM 529 is shadow anchored by Fiesta Mart, a significant traffic driver with excellent market positioning, as 5-mile Demographics are nearly 43% Hispanic. With the nearest Fiesta over 11 miles away, the center benefits directly from a lack of full-service Hispanic grocers, allowing the center to capture an expanded trade area.
Property Taxes
| Parcel Number | 1366010030001 | Improvements Assessment | $1,879,510 |
| Land Assessment | $809,568 | Total Assessment | $2,689,078 |
Property Taxes
Parcel Number
1366010030001
Land Assessment
$809,568
Improvements Assessment
$1,879,510
Total Assessment
$2,689,078
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