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10122 Cypress Creek Bend Dr Cypress, TX 77433

For Sale
$4,484,036

High-yield NNN lease, strong tenant.

Property size:
4,483 SF

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional investment opportunity presents a newly constructed, 4,483 square foot auto shop in Cypress, Texas. Located at 10122 Cypress Creek Bend Dr, 77433, this property boasts a 20-year absolute NNN lease with a corporate guarantee, commencing July 30, 2024, and expiring July 30, 2044. The lease includes 4, 5-year renewal options with 1.50% annual rent increases. The property sits on a 1.12-acre lot and benefits from a 5.50% cap rate and a current NOI of $246,622. The asking price is $4,484,036.36. This strategically located property is situated centrally between US 290 and FM 529, within the entrance to the expansive 1,600-acre Cypress Creek Lakes master-planned community, experiencing significant residential growth. The property is 100% occupied and features a fee-simple ownership structure. Built in 2024, this is a rare opportunity to acquire a long-term, low-maintenance, high-return investment in a rapidly developing area.

Property Features for 10122 Cypress Creek Bend Dr

General Information

Property type
Automotive properties
Square Feet
4,483 SF
Lot Size
48,787 SF

Building Details

Year Built
2024

HighLights

  • 20‑Year Absolute NNN Lease with corporate guarantee.
  • Cypress, TX location at 10122 Cypress Creek Bend Dr, 77433, centrally located between US 290 and FM 529.
  • Situated at the entrance to the 1,600‑acre Cypress Creek Lakes master‑planned community, experiencing significant residential growth.
  • Newly constructed (2024), 4,483 SF auto shop on a 1.12‑acre lot; 5.5% cap rate, $246,622 NOI, $4,484,036 asking price.
Property Profile Location Intelligence

Current Use by Public Records

Service Street Auto ... Auto Repair Shop

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Cypress
County
Harris
State
Texas
Longitude
-95.7193388
Latitude
29.9266355

FAQs

What type of property is this?
Automotive property - High-yield NNN lease, strong tenant.
Where is this automotive property located?
The property is located at 10122 Cypress Creek Bend Dr Cypress, TX.
What is the asking price?
The asking price for this property is $4,484,036.
What are key features of this property?
This property features: 20-Year Absolute NNN Lease with corporate guarantee.; Cypress, TX location at 10122 Cypress Creek Bend Dr, 77433, centrally located between US 290 and FM 529.; Situated at the entrance to the 1,600-acre Cypress Creek Lakes master-planned community, experiencing significant residential growth.
More about this property
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