Spring Cypress Shopping Center 4740 Spring Cypress Rd

4740 Cypress Rd , Spring, Texas, 77379 | 11,074 sq.f | $ 2,300,000

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About This Restaurant

Investment Highlights

Shadow anchor with strong suburban population High traffic location Unique value add opportunity with upside on vacant space

Executive Summary

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    11,074
  • Building Class    B
  • Year Built    1999
  • Price    2,300,000
  • Price Per SF    208
  • Cap Rate    7.42
  • NOI    170,734
  • Percent Leased    62
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.16
  • Land Acres    1.57 AC

Nearby Amenities & Transportation

Retail Jack In The Box
Retail Altitude Trampoline Park
Retail Waffle House
Retail Bank of America
Retail Boston market
Retail 9Round
Retail Buffalo Wild Wings
Retail Fit Body Boot Camp Spring
Retail 24 Hour Fitness
Retail Wingstop

Property Taxes

Parcel Number 1201440010003 Improvements Assessment $342,550
Land Assessment $1,127,450 Total Assessment $1,470,000
Date Created: 2024-07-16 04:23:44 Last Updated: 2024-07-16 04:23:44
Address: 4740 Cypress Rd , Spring, Texas, 77379