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Elyson Town Center 7016 Elyson Exchange Way 1,100 - 112,092 SF of Office/Retail Space Available in Cypress, TX 77433
HIGHLIGHTS
- Elyson Town Center offers high-end retail and office space with various features, and the first buildings are set to deliver by the end of Q1 2025.
- Lofty average household income of $114,000+ contributes to over $1.6 billion in total specified consumer spending each year within a 5-mile radius.
- Office rates start at $35 NNN, retail rates range from $42 to $50 NNN, and Realty 1 Partners is offering a tenant improvement allowance of $40+/SF.
- Developed by Newland, which brought Cinco Ranch and Seven Meadows to Houston, and part of the master-planned Elyson community that spans 3,643 acres.
- Located at a hard-corner signalized intersection at FM 529 and Grand Parkway, with combined traffic counts of over 71,000 vehicles per day.
- Estimated population within a 3-mile radius is 68,629 residents across 20,161 households with a youthful median age of 31.5 years.
SPACE AVAILABILITY (14)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-20,173 SF | 5-10 Years | $65.61 CAD/SF/YR $5.47 CAD/SF/MO $1,323,515 CAD/YR $110,293 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste C2 | 1,400 SF | 5-10 Years | $72.59 CAD/SF/YR $6.05 CAD/SF/MO $101,623 CAD/YR $8,469 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste C4 | 3,363 SF | 5-10 Years | $72.59 CAD/SF/YR $6.05 CAD/SF/MO $244,113 CAD/YR $20,343 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D1 | 6,904 SF | 5-10 Years | $65.61 CAD/SF/YR $5.47 CAD/SF/MO $452,959 CAD/YR $37,747 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste D1 | 3,297 SF | 5-10 Years | $65.61 CAD/SF/YR $5.47 CAD/SF/MO $216,310 CAD/YR $18,026 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste F1 | 1,100-10,606 SF | 5-10 Years | $62.82 CAD/SF/YR $5.23 CAD/SF/MO $666,231 CAD/YR $55,519 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste F2 | 1,100-7,182 SF | 5-10 Years | $58.63 CAD/SF/YR $4.89 CAD/SF/MO $421,071 CAD/YR $35,089 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste G1 | 1,100-10,606 SF | 5-10 Years | $62.82 CAD/SF/YR $5.23 CAD/SF/MO $666,231 CAD/YR $55,519 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste G2 | 1,100-10,739 SF | 5-10 Years | $62.82 CAD/SF/YR $5.23 CAD/SF/MO $674,585 CAD/YR $56,215 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste H1 | 1,100-7,737 SF | 5-10 Years | $62.82 CAD/SF/YR $5.23 CAD/SF/MO $486,011 CAD/YR $40,501 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste H2 | 1,100-9,083 SF | 5-10 Years | $62.82 CAD/SF/YR $5.23 CAD/SF/MO $570,561 CAD/YR $47,547 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste J1 | 1,100-8,379 SF | 5-10 Years | $62.82 CAD/SF/YR $5.23 CAD/SF/MO $526,339 CAD/YR $43,862 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste J2 | 1,100-8,625 SF | 5-10 Years | $58.63 CAD/SF/YR $4.89 CAD/SF/MO $505,672 CAD/YR $42,139 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste K3 | 3,998 SF | 5-10 Years | $72.59 CAD/SF/YR $6.05 CAD/SF/MO $290,206 CAD/YR $24,184 CAD/MO | Triple Net (NNN) |
7070 Elyson Exchange Way - 1st Floor
2nd Floor space in Bldg L Grand Parkway 99 road frontage Multiple ingress, egress points $35 SF in TI
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $35 in TI
- Grand Parkway Frontage
- Full Mixed Use Development: eat, shop, work, live
- Multiple ingress and egress points
7022 Elyson Exhange Way - 1st Floor - Ste C2
Space comes with a 2,500-gallon shared grease trap for Building C. Space is between a Nation Dental Group and Chipotle Frontage of FM 529
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $50 TI allowance
- Parks and green space
- 2,500-gallon grease trap with the building
- End cap space
7022 Elyson Exhange Way - 1st Floor - Ste C4
Single-story retail building that comes with a 1,500 gl grease trap and a drive-thru with multiple entrances off FM 529. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $55 TI Allowance
- Parks and green space
- 2,500-gallon grease trap with building
- End cap space
7046 Elyson Exchange Way - 1st Floor - Ste D1
Single-story retail building that comes with a 1,500 gl grease trap with multiple entrances off FM 529. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- $50 TI allowance
- Parks and green space
- Grease trap with building
- Covered patio
- Full building
7040 Elyson Exchange Way - 1st Floor - Ste D1
Covered patio.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Sits on the park / green space
- 2,500-gallon grease trap with the building
- $50 TI allowance
7034 Elyson Exchange Way - 1st Floor - Ste F1
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 TI allowance
- Parks and green space
- 2,500-gallon grease trap with the building
7034 Elyson Exchange Way - 1st Floor - Ste F2
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7052 Elyson Exchange Way - 1st Floor - Ste G1
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7052 Elyson Exchange Way - 1st Floor - Ste G2
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7058 Elyson Exchange Way - 1st Floor - Ste H1
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7058 Elyson Exchange Way - 1st Floor - Ste H2
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7064 Elyson Exchange Way - 1st Floor - Ste J1
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7064 Elyson Exchange Way - 1st Floor - Ste J2
Located in a two-story building featuring ground-floor retail spaces with luxury apartments above them. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
- $45 T.I. Allowance
- Parks and Green Space
- 2500 gl Grease Trap with building
7028 Elyson Exchange Way - 1st Floor - Ste K3
Single-story retail building that comes with a 1,500 gl grease trap and a drive-thru with multiple entrances off FM 529. The center is located at a hard corner across from the Target Power Center with a stoplight that attracts over 60,000 vehicles per day from Grand Parkway.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- $55 T.I. Allowance
- Parks and Green Space
- End Cap Space
- Closest to Grand Parkway
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT ELYSON TOWN CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Akashi Sushi
- Accommodation and Food Services
- -
- -
- Chipotle
- Accommodation and Food Services
- -
- -
- DECA Dental
- Health Care and Social Assistance
- -
- -
- First Watch
- Accommodation and Food Services
- -
- -
- Shipleys
- Accommodation and Food Services
- -
- -
- Smoothie King
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Akashi Sushi | Accommodation and Food Services | - | - |
| Chipotle | Accommodation and Food Services | - | - |
| DECA Dental | Health Care and Social Assistance | - | - |
| First Watch | Accommodation and Food Services | - | - |
| Shipleys | Accommodation and Food Services | - | - |
| Smoothie King | Accommodation and Food Services | - | - |
PROPERTY FACTS
| Total Space Available | 112,092 SF | Frontage | 1,500’ on Freeman Road |
| Min. Divisible | 1,100 SF | Gross Leasable Area | 116,300 SF |
| Center Type | Community Center | Total Land Area | 3,161.33 AC |
| Stores | 11 | Year Built | 2025 |
| Center Properties | 11 |
| Total Space Available | 112,092 SF |
| Min. Divisible | 1,100 SF |
| Center Type | Community Center |
| Stores | 11 |
| Center Properties | 11 |
| Frontage | 1,500’ on Freeman Road |
| Gross Leasable Area | 116,300 SF |
| Total Land Area | 3,161.33 AC |
| Year Built | 2025 |
ABOUT THE PROPERTY
Elyson Town Center is the primary commercial hub for Elyson, a residential community led by Newland. The residential project will deliver over 6,000 homes, a neighborhood amenity center, and several parks, as well as three schools from the highly rated Katy Independent School District. Spaces at Elyson Town Center are suitable for a broad spectrum of office, retail, service, and restaurant tenants. There are second-floor options, drive-thru spaces, freestanding opportunities, and more. Realty 1 Partners manages multiple commercial developments in burgeoning submarkets throughout the Houston metro and is able to provide their expertise to streamline the move-in process, and can offer tenant improvement allowances. New developments are already priming the immediate area to act as the principal commercial destination for thousands of new residents, as Target, AT&T, Visionworks, Mattress Firm, and Burlington recently opened across FM 529. Migration to the area has been immense in recent years. From 2010 to 2023, the number of households within a 3-mile radius grew approximately 40%, and that number is estimated to jump another 4% from 2023 to 2028. Other positive indicators signal continued growth here, such as Katy ISD being ranked number 1 in the Houston area or Niche designating Fort Bend as the second-best county to live in Texas. Elyson Town Center is poised to benefit from tremendous exposure via Grand Parkway traffic, with average daily vehicle counts of over 71,000 at Freeman Road (FM 529) and Grand Parkway. Reserve a space in Elyson Town Center and discover one of the Houston metro’s most powerful emerging submarkets today. Get in touch.
- Banking
- Corner Lot
- Freeway Visibility
- Drive Thru
NEARBY MAJOR RETAILERS
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Elyson Town Center | 7016 Elyson Exchange Way
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