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    12723 Cutten Rd Houston, TX 77066

    Sponsored
    For Sale
    $2,150,000

    Marco's Pizza NNN Lease, High Traffic

    Property size:
    11,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fee-simple ownership of the Cutten Road Shopping Plaza in Houston, Texas. The property, built in 2019, boasts a 11,150 square foot building situated on a 39,422 square foot lot, featuring 36 parking spaces. Currently occupied by a Marco's Pizza franchisee under a Net Lease (NNN) agreement, the lease commenced December 7, 2021, and has a remaining term of approximately 3.7 years, expiring August 6, 2028. The lease includes rent bumps, providing for future income growth. The property is zoned F1 - Commercial and enjoys a high-traffic location at the busy intersection of FM 1960 and Cutten Road in Harris County, zip code 77066. The asking price is $2,150,000, translating to $192.83 per square foot. Seller financing is available, making this an attractive proposition for investors seeking a low-maintenance, high-return investment with a strong national tenant. The property's recent construction minimizes maintenance needs, while the prime location and long-term lease with a reputable franchisee ensure a stable income stream. This is a rare opportunity to acquire a well-positioned retail property in a thriving Houston market.

    Property Features for 12723 Cutten Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    11,150 SF

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    1

    HighLights

    • $2,150,000 asking price for this low‑maintenance, 2019‑built property.
    • High‑traffic location at the intersection of FM 1960 and Cutten Rd in Houston, TX.
    • Strong, 15‑year lease with Marco's Pizza providing consistent rental income.
    • Seller financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marco's Pizza Pizza Restaurant 24Seven Crossdocking in Houston Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.5312587
    Latitude
    29.9641771

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    FAQs

    What type of property is this?
    Lifestyle center - Marco's Pizza NNN Lease, High Traffic
    Where is this lifestyle center located?
    The property is located at 12723 Cutten Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: $2,150,000 asking price for this low-maintenance, 2019-built property.; High-traffic location at the intersection of FM 1960 and Cutten Rd in Houston, TX.; Strong, 15-year lease with Marco's Pizza providing consistent rental income.
    Request Owner's contact information
    12723 Cutten Rd Houston, TX 77066
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    Houston, TX 77066
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    Realmo Value Estimation

    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.

    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.

    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
    12723 Cutten Rd Houston, TX 77066
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