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    20703 Tuckerton Rd Cypress, TX 77433

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    20703 Tuckerton Rd Cypress, TX 77433


    • Retail properties & Spaces
    • 2,325 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 20703 Tuckerton Rd

    Year built
    2024
    Property size
    2,325 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional investment opportunity presents a brand-new, 2,325 square foot Chipotle restaurant located in the thriving Cypress, Texas market at 20703 Tuckerton Rd, 77433. The property boasts a 15-year absolute NNN lease commencing October 15, 2024, and expiring October 15, 2039, with built-in 10% rent increases every five years, ensuring consistent passive income. The property features a strong 4.50% cap rate and a Net Operating Income (NOI) of $169,500. Situated in a high-traffic area with over 40,000 vehicles per day, this location benefits from its proximity to major retailers, including H-E-B, Chase Bank, and other QSRs, within the Cypress Creek Plaza mixed-use development. The surrounding area showcases significant residential growth, with a nearly 800% population increase since 2010 and a projected 20% growth over the next five years. This affluent demographic boasts an average annual household income exceeding $221,069 within a one-mile radius. The property's strategic location within established master-planned communities like Bridgeland, Miramesa, and Cypress Creek Lakes further enhances its appeal. This is a 1031 exchange eligible property, offering a secure and lucrative investment opportunity in a rapidly expanding market. The tenant, Chipotle, is a credit-rated, Fortune 500 company with a corporate guarantee, providing additional security and peace of mind. The asking price is $3,767,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.7261
    Latitude
    29.9261
    More about this property
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