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Cypress Station Square 60-110 Cypress Creek Pky 137,575 SF 92% Leased Retail Building Houston, TX 77090 $21,840,000 ($158.75/SF) 8.85% Cap Rate



INVESTMENT HIGHLIGHTS
- Day One Positive Cashflow
- Irreplaceable Location: Northwest Corner of Interstate 45 and FM 1960 Road (over 275,000 Vehicles Per Day)
- Significant Value-Add Potential
- Strong Tenant Lineup
EXECUTIVE SUMMARY
An investor will enjoy day one positive cashflow, even in the current interest climate, while still benefiting from leasing vacant units. In addition, an investor will also benefit from rent increases in many tenants’ current lease terms, as well as rent increases in leases with renewal options. Many leases have below-market rental rates (some affordable leases of non-box spaces range from $1.00-$1.50 per square foot plus additional rent). Given the large scale of the 12.19-acre tract, a buyer may explore opportunities to lease or develop segments of the land.
Cypress Station Square has a strong lineup of diverse, internet-resistant tenants with staggered leases, including its anchors: Milan Institute, DaVita Dialysis, Hibbett Sports, Workforce Solutions, Pollo Campero, Dollar Tree, GNC, UPS Store, Cilantro Cocina, Rent-a-Tire, and more.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
DaVita is a leading provider of kidney care services headquartered in Denver, Colorado. Founded in 1994, the company operates a nationwide network of outpatient dialysis centers and offers integrated care for patients with chronic kidney disease and end-stage renal disease. The Girard Estates Dialysis center in Philadelphia provides in-center hemodialysis and related clinical support. DaVita serves approximately 240,000 patients globally and is listed on the New York Stock Exchange under the ticker symbol DVA. The organization emphasizes clinical quality and innovation in dialysis treatment and participates in Medicare and Medicaid programs.
Dollar Tree is a discount variety store offering a range of everyday household goods including cleaning supplies, groceries, health and beauty items, party supplies, toys, school products, and seasonal décor. As part of a multi-unit national retail chain, this store integrates retail convenience, value pricing, and a consistent product mix alongside its broader corporate network. The brand continues to focus on store network expansion and community accessibility.
- Milan Institute
- Educational Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
Workforce Solutions is dedicated to keeping the Gulf Coast region a great place to do business, work, and live. Their employer-driven, people-focused approach elevates the economic and human potential of the region to attract and retain the best employers, afford everyone the dignity of a job, and remain indispensable to the global economy. As the public workforce system for 13 counties in the Houston-Galveston region, they work in tandem with the Texas Workforce Commission and the statewide Workforce Solutions network to maintain the state’s largest job-match database.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
|
Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| Milan Institute | Educational Services | - | - | Lorem Ipsum | Jan 0000 | |
|
Administrative and Support Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Ideal for offices or retail space
Access from Wagon Point Drive.
In-line space at back corner, with access from Wagon Point Drive.
In-line space, with parking available in front.
In-line space, located next to Dollar Tree.
Former David's Bridal - consolidating/closing stores, absorbing this territory at their Woodlands location.
| Space | Size | Space Use | Position | Available |
| 102 | 1,015 SF | Office/Retail | - | Now |
| 44 | 2,575 SF | Retail | In-Line | Now |
| 46 | 1,425 SF | Retail | In-Line | Now |
| 48 | 2,438 SF | Retail | In-Line | Now |
| 84 | 2,776 SF | Retail | In-Line | Now |
| 94 | 11,311 SF | Retail | In-Line | Now |
102
| Size |
| 1,015 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
44
| Size |
| 2,575 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
46
| Size |
| 1,425 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
48
| Size |
| 2,438 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
84
| Size |
| 2,776 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
94
| Size |
| 11,311 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
102
| Size | 1,015 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Ideal for offices or retail space
44
| Size | 2,575 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Access from Wagon Point Drive.
46
| Size | 1,425 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
In-line space at back corner, with access from Wagon Point Drive.
48
| Size | 2,438 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
In-line space, with parking available in front.
84
| Size | 2,776 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
In-line space, located next to Dollar Tree.
94
| Size | 11,311 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former David's Bridal - consolidating/closing stores, absorbing this territory at their Woodlands location.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1166480000001 | Improvements Assessment | $12,146,137 (2025) |
| Land Assessment | $4,247,880 (2025) | Total Assessment | $16,394,017 (2025) |
PROPERTY TAXES
Presented by
Cypress Station Square | 60-110 Cypress Creek Pky
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