Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    25402 Northwest Fwy Cypress, TX 77429

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    A 10,200 SF retail center in Cypress, Texas.

    Property size:
    10,200 SF
    Lot size:
    1.41 Acres

    Property Features for 25402 Northwest Fwy

    General Information

    Standard status
    Active
    Zoning
    N/A
    Size
    10,200 SF
    Lot size
    1.41 Acres

    Building Details

    Year built
    2021

    We can help!

    Listing Contact
    Gus Lagos
    Source: Crexi

    Listing Agency: Marcus & Millichap - Houston Listing Agent: Gus Lagos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Highway 290 Shopping Center

    Located at 25402 Northwest Freeway in Cypress, Texas, the Highway 290 Shopping Center is a 10,200-square-foot retail center built in 2021. Situated along Highway 290, the property benefits from over 400 feet of frontage and daily traffic counts exceeding 100,000 vehicles. The center is currently 100 percent occupied by two tenants with established operations, providing a stabilized income stream. The property is near Houston Methodist Cypress Hospital and the entrance to Cole’s Crossing, an affluent master-planned community. The location benefits from strong demographics, with average household incomes exceeding $130,000 within a 1-mile radius. The property is positioned near major retailers and service providers along the Spring Cypress retail node. There is value-add potential as Texas Floors’ lease converts from gross to triple-net upon commencement of the five-year renewal option beginning May 1, 2027. The property is located in one of Northwest Houston’s dynamic suburban markets.
    Location Intelligence

    Current Use by Public Records

    Excel Urgent Care Medical Clinic Excel Urgent Care ... Medical Clinic Texas Floors Carpet & Flooring Store

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Accounting Firm Gym & Fitness Center Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cynamic Plaza, Cynamic Plaza Building A, Cypress Village Station, Cypress Marketplace, Coinstar Kiosk

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.688815
    Latitude
    29.96414

    Nearby Similar for Sale

    • $5,200,000
      1.23 Acres

      Space City Car Wash Express

      Car wash business with express tunnel and detailing services.
      17955 Huffmeister Rd, Cypress, TX 77429
      View Details
    • $2,300,000
      1,100 SF

      Equestrian Property with Income Potential

      Income-producing equestrian property on 2.91 acres near major highways.
      11350 Grant Rd, Cypress, TX 77429
      View Details
    • $215,000
      625 SF

      Luxury Executive Office Condo

      Recently built 625 sqft office condo near US Hwy 290.
      17844 Mound Rd, Cypress, TX
      View Details
    • Contact for pricing
      5,000 SF

      Juergen Road Business Park Opportunity

      Business park with multiple buildings available for sale.
      19615 Juergen Rd, Cypress, TX 77433
      View Details
    • $2,500,000
      7,332 SF

      Cypress Office Building For Sale

      Two-suite office building in Cypress, TX, near Highway 290.
      11960 Barker Cypress Rd, Cypress, TX 77433
      View Details
    • Contact for pricing
      1,300 SF

      Move-In Ready Retail Space Available

      Vacant retail space ideal for dance or children-oriented business.
      12910-12918 Malcomson Rd, Cypress, TX
      View Details
    • Contact for pricing

      Institutional Quality 55+ Community

      Located in award-winning Towne Lake master-planned community.
      11411 Greenhouse Rd, Cypress, TX 77433
      View Details
    • $148,000
      675 SF

      Cypress Office Space For Sale

      Office space featuring a conference room, kitchen, and private bathroom.
      11123-11123 Mccracken Cir, Cypress, TX 77429
      View Details
    • Contact for pricing
      1,750 SF

      Retail Space with Drive-Thru

      Retail spaces available with flexible square footage and drive-thru.
      21211 Fm 529 Rd, Cypress, TX 77433
      View Details
    • $1,880,000
      10,136 SF

      Cypress Property with Multiple Buildings

      Versatile property ideal for office, assisted living, or school.
      17018 Grant Rd, Cypress, TX 77429
      View Details
    • Contact for pricing
      6,000 SF

      Cypress Warehouse with HVAC Office

      6,000 SF warehouse with HVAC office on 0.38 AC.
      21239 Fm 529 Rd, Cypress, TX 77433
      View Details
    • Contact for pricing
      13,500 SF

      Fully Leased Retail Investment Opportunity

      Multi-tenant retail center in Cypress, TX, 100% leased.
      13615 Kluge Rd, Cypress, TX 77429
      View Details

    FAQs

    What type of property is this?
    Shopping center - A 10,200 SF retail center in Cypress, Texas.
    Where is this shopping center located?
    The property is located at 25402 Northwest Fwy Cypress, TX.
    What are key features of this property?
    This property features: - 100% Occupancy: Enjoy a stabilized income stream from established tenants.; - High-Traffic Location: Boasting over 400 feet of frontage on Highway 290 with over 100,000 vehicles per day.; - Strong Demographics: Located near an affluent master-planned community with high average household incomes.
    Request Owner's contact information
    25402 Northwest Fwy Cypress, TX 77429
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    25402 Northwest Fwy
    Cypress, TX 77429
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    25402 Northwest Fwy Cypress, TX 77429
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gus Lagos
    Real Estate License ID: 419197
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!