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Cypress Station Square 60-110 Cypress Creek Pky 137,565 SF 82% Leased Retail Building Houston, TX 77090 $28,226,432 CAD ($205.19 CAD/SF) 8.43% 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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| 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 (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| 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 Kidney Care is a U.S.-based healthcare company focused on providing dialysis and related kidney care services. The organization traces its origins to 1979, when it was founded as Medical Ambulatory Care, later operating as Total Renal Care before adopting the DaVita name in 2000. Headquartered in Denver, Colorado, the company delivers in-center and home dialysis services, as well as integrated care programs that support patients across multiple stages of kidney disease. DaVita is publicly traded on the New York Stock Exchange under the ticker symbol DVA. Over time, the company has expanded its service offerings through acquisitions and operational growth, including the 2005 acquisition of Gambro Healthcare, which significantly increased its U.S. dialysis footprint. DaVita also operates clinical research, physician services, and international kidney care businesses as part of its broader platform. In addition to outpatient dialysis, the company provides acute inpatient dialysis services through hospital partnerships. Today, DaVita remains one of the largest providers of kidney care services in the United States, with operations supported by centralized corporate offices and regional facilities nationwide.
Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.
- 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 | $16,461,659 CAD (2025) |
| Land Assessment | $5,757,152 CAD (2025) | Total Assessment | $22,218,810 CAD (2025) |
Property Taxes
Presented by
Cypress Station Square | 60-110 Cypress Creek Pky
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