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Two-Building Flex Property
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20010 FM 529, Houston, TX 77433

Fully leased commercial property with modern construction, grade-level doors, and NNN lease structure.

Property Size25,000 SF
Days on Market130

Property Features for 20010 FM 529

General Information

Standard status Active
Size 25,000 SF
Property subtype Industrial
Occupancy 100%

Additional Details

Cap Rate 7.5%
Road Access Yes

Amenities

metal roofs
concrete parking
grade-level overhead doors

Building Details

Year Built 2022
Buildings 2
Tenancy Multi
Listing Agency: Partners Real Estate Houston
Listed By: Marc Peeler · License #TX 627894
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 2:45PM

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 Partners Real Estate Houston

Investment Insights

Based on property information with market context.

This flex property comprises two buildings totaling approximately 25,000 square feet. Completed in 2022, the improvements feature metal roofing, concrete parking areas, and grade-level overhead doors. The asset is 100% occupied by service-oriented businesses, including auto repair, tire, and specialty retail operators. Tenancies are structured under triple-net leases with annual rent escalations.

The property fronts FM 529 near Fry Road in Cypress, Texas, along a corridor reporting daily traffic counts exceeding 22,000 vehicles. Surrounding national retailers include Starbucks, Jiffy Lube, Popeye’s, and O’Reilly Auto Parts. The five-mile trade area includes over 312,000 residents and has recorded more than 9% population growth during the past five years.

Key Highlights

  • Two‑building flex property totaling approximately 25,000 square feet
  • Constructed in 2022 with metal roofs and concrete parking
  • 100% occupied by auto repair, tire, and specialty retail tenants

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby
Under-served
Demand for This Use

Demographics for 77433, TX

106,663
Population
34,420
Households
3.1
Avg Household Size
34
Median Age
52%
College-Educated
95%
High-School Grad
59.0 sq mi
ZIP Area
1,808
Density / Sq Mi
$137,348
Median Household Income
$64,583
Median Earnings
$1,904
Median Rent
$384,400
Median Home Value

Market

Vacancy Rate% for Industrial in Houston, TX

9.4% 2019
10.7% 2020
7.2% 2021
5.2% 2022
6.8% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Brooks Place BBBQ Catering 18020 FM 529, Cypress, TX 77433

Frequently Asked Questions

What type of property is this?
Flex space - Fully leased commercial property with modern construction, grade-level doors, and NNN lease structure.
Where is this flex space located?
The property is located at 20010 FM 529 Houston, TX.
What are key features of this property?
This property features: Two‑building flex property totaling approximately 25,000 square feet; Constructed in 2022 with metal roofs and concrete parking; 100% occupied by auto repair, tire, and specialty retail tenants
(713) 275-9606 Call to check price and availability
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