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Sun Auto 20445 Cypresswood Dr 5,542 SF Retail Building Cypress, TX 77433 $6,309,122 CAD ($1,138.42 CAD/SF) 5.65% Cap Rate
Investment Highlights
- Exceptional Corporate Guarantee
- Robust Traffic Counts | Exposure to Major Thoroughfare
- Growing Vehicle Base & Longer Ownership
- Affluent & Dense Demographics
Executive Summary
Surmount is pleased to present the exclusive listing for a Sun Auto located at 20445 Cypresswood Drive, Houston, TX 77433. The site consists of roughly 5,542 rentable square feet of building space on an estimated .56-acre parcel of land. Sun Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 12/15/2020. The current annual rent is $260,574 and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
5,542 SF
Year Built
2014
Price
$6,309,122 CAD
Price Per SF
$1,138.42 CAD
Cap Rate
5.65%
NOI
$356,465 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.56 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1172960010005 | Improvements Assessment | $1,397,143 CAD |
| Land Assessment | $503,416 CAD | Total Assessment | $1,900,559 CAD |
Property Taxes
Parcel Number
1172960010005
Land Assessment
$503,416 CAD
Improvements Assessment
$1,397,143 CAD
Total Assessment
$1,900,559 CAD
Contacts
-
Ryan Sblendorio -
Robert Stein -
Will Byrne -
Glen Kunofsky -
Christopher Marks -
Surmount
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Photos
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Presented by
Sun Auto | 20445 Cypresswood Dr
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