Freestanding Convenience Store with NNN
8778 Fry Rd Cypress, TX 77433
8778 Fry Rd, Cypress, TX, 77433
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For Sale
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Built in 2017 as a freestanding convenience retail building on a Fry Road site under an absolute NNN lease.
Property Size1,350 SF
Price / SF$2,240
Days on Market104
Property Features for 8778 Fry Rd
General Information
- Standard status
- Active
- Size
- 1,350 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing agency
Triple Net Investment Group Inc
Listed by
Robert Gamzeh · License #VA 0225088488
Source
Crexi
Added: Apr 9 Updated: Jul 20 at 11:40PM Checked: Jul 20 at 11:40PM
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 Triple Net Investment Group Inc
Investment Insights
Based on property information with market context.
Corporate Murphy Express at 8778 Fry Rd, Cypress, TX 77433 is a freestanding convenience retail investment built in 2017. The property includes a 1,350 SF retail building located on a 62,770 SF (1.44-acre) parcel. The site is offered as a triple net investment secured by a 20-year Absolute NNN lease dated 9/30/2017 through 9/30/2037, with 10% rent increases every five years and four (4) five-year renewal options.
The property benefits from strong visibility along Fry Road. The provided demographic information indicates a trade area supported by 39,100 residents within a 1-mile radius, reflecting strong recent population growth, and approximately 28,100 employees within the trade area.
This offering is presented as long-term passive income backed by a nationally recognized fuel and convenience retailer.
The property benefits from strong visibility along Fry Road. The provided demographic information indicates a trade area supported by 39,100 residents within a 1-mile radius, reflecting strong recent population growth, and approximately 28,100 employees within the trade area.
This offering is presented as long-term passive income backed by a nationally recognized fuel and convenience retailer.
Key Highlights
- Built in 2017: 1,350 SF freestanding retail building on a 62,770 SF (1.44‑acre) parcel at 8770 Fry Rd, Cypress, TX 77433.
- 20‑year Absolute NNN lease in place from 9/30/2017 to 9/30/2037 with 10% rent increases every five years.
- Lease includes four (4) five‑year renewal options.
Property Analytics
Location Intelligence
Current Use by Public Records
Murphy USA
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Built in 2017 as a freestanding convenience retail building on a Fry Road site under an absolute NNN lease.
Where is this nnn property located?
The property is located at 8778 Fry Rd Cypress, TX.
What is the asking price?
The asking price for this property is $3,025,000.
What are key features of this property?
This property features: Built in 2017: 1,350 SF freestanding retail building on a 62,770 SF (1.44‑acre) parcel at 8770 Fry Rd, Cypress, TX 77433.; 20‑year Absolute NNN lease in place from 9/30/2017 to 9/30/2037 with 10% rent increases every five years.; Lease includes four (4) five‑year renewal options.
