Single-Tenant Convenience Store Ground
For Sale
Contact for pricing
Pending
12220 Barker Cypress Rd, Cypress, TX 77429
NNN structure includes scheduled rental increases and no landlord responsibilities.
Property SizeContact for details
Days on Market143
Property Features for 12220 Barker Cypress Rd
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
JLL - New York City, New York
(713) 852-3535
Listed By:
Alex Geanakos · License #IL: #475.189621
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York
Investment Insights
Based on property information with market context.
This offering comprises the ground-leased interest beneath a single-tenant Timewise Food Store operating with an Exxon affiliation. The property is occupied under a NNN ground lease, with Landmark Industries providing a corporate guaranty. The lease carries a 15-year primary term, includes 10% rental increases every 5 years, and assigns no landlord responsibilities.
The site is located at 12220 Barker Cypress Rd in Cypress, Texas, within the Houston MSA. Timewise Food Stores operates more than 240 locations across Texas, providing the tenant with an established operating platform. The lease structure and scheduled increases define the principal investment characteristics of the offering.
The site is located at 12220 Barker Cypress Rd in Cypress, Texas, within the Houston MSA. Timewise Food Stores operates more than 240 locations across Texas, providing the tenant with an established operating platform. The lease structure and scheduled increases define the principal investment characteristics of the offering.
Key Highlights
- Ground‑leased interest under a single‑tenant Timewise Food Store
- 15‑year primary term under a NNN ground lease
- 10% rental increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
259k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Dining 33%
Shops & Services 18%
Home Improvements & Furnishings 10%
H-E-B
Groceries
89,673 visits/mo
0.2 miles
At Home
Home Improvements & Furnishings
23,202 visits/mo
0.4 miles
Cheddar's Scratch Kitchen
Dining
19,980 visits/mo
0.3 miles
Willie's Grill & Icehouse
Dining
19,003 visits/mo
0.3 miles
Saltgrass Steak House
Dining
17,996 visits/mo
0.3 miles
Demographics for 77429, TX
94,176
Population
33,137
Households
2.8
Avg Household Size
36
Median Age
49%
College-Educated
93%
High-School Grad
37.8 sq mi
ZIP Area
2,491
Density / Sq Mi
$117,931
Median Household Income
$60,862
Median Earnings
$1,684
Median Rent
$342,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - NNN structure includes scheduled rental increases and no landlord responsibilities.
Where is this grocery and convenience store located?
The property is located at 12220 Barker Cypress Rd Cypress, TX.
What are key features of this property?
This property features: Ground‑leased interest under a single‑tenant Timewise Food Store; 15‑year primary term under a NNN ground lease; 10% rental increases every 5 years
