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Cypress Station Square 60-110 Cypress Creek Pky 137,565 SF 82% Leased Retail Building Houston, TX 77090 $28,935,252 CAD ($210.34 CAD/SF) 8.57% 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 - 2026) 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 - 2026) 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 traces its roots to a kidney care business founded in 1992 and later known as Total Renal Care before adopting the DaVita name in 2000. DaVita now focuses on dialysis services, kidney health education, and support for people living with chronic kidney disease and end-stage kidney disease. DaVita also operates business lines in integrated kidney care, clinical research, physician solutions, and venture investing, reflecting a broader platform built around kidney care and related health services. The company serves patients through a wide U.S. network and also maintains an international presence outside the United States.
Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.
Milan Institute of Cosmetology began in 1985 when the Yasuda family created the school to provide career training. The institute now operates campuses across several states including California, Texas, and Nevada. Students can pursue various beauty industry programs like cosmetology, esthetics, and medical assisting. The curriculum emphasizes practical skills through hands-on learning environments designed to simulate real salon experiences. Over the years, the school has maintained its family-owned structure while expanding its program offerings.
Workforce Solutions serves the Gulf Coast region of Texas as the public workforce system, helping employers meet hiring needs and helping individuals build careers so both can compete in the regional economy. The company grew out of the Gulf Coast Workforce Board and works with regional partners to support job search assistance, career counseling, employer services, childcare assistance, labor market information, and custom training. Workforce Solutions also supports education and literacy programs, career pathways, and scholarship-based training that connect residents to employment and skill-building opportunities across the Gulf Coast labor market. The Houston-Galveston Area Council provides staff support for the board, which guides strategy and oversees workforce activities for the region.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 | |
|
Retailer | - | - | Lorem Ipsum | Jan 0000 | |
|
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 | $16,739,077 CAD (2025) |
| Land Assessment | $5,854,173 CAD (2025) | Total Assessment | $22,593,250 CAD (2025) |
Property Taxes
Presented by
Cypress Station Square | 60-110 Cypress Creek Pky
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