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13808 Cypress North Houston Rd
Cypress, TX 77429
Vacant Auto Parts Building · Retail Property For Sale
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.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2007
Price
$2,037,000 CAD
Price Per SF
$291.00 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.05 AC
Property Taxes
| Parcel Number | 1291890010001 | Improvements Assessment | $1,048,647 CAD |
| Land Assessment | $416,269 CAD | Total Assessment | $1,464,916 CAD |
Property Taxes
Parcel Number
1291890010001
Land Assessment
$416,269 CAD
Improvements Assessment
$1,048,647 CAD
Total Assessment
$1,464,916 CAD
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