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    OFF-MARKET
    Retail properties & Spaces

    9410 Fry Rd, Cypress, TX 77433

    850 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new, 2024-constructed Salad and Go restaurant in Cypress, Texas. The property boasts a 20-year absolute NNN ground lease with three, 5-year renewal options, ensuring long-term stability and predictable cash flow. The lease includes a favorable 10% rent increase every five years, providing a built-in hedge against inflation. This 850-square-foot, single-tenant building sits on a 28,750-square-foot lot and enjoys 100% occupancy. The property's strategic location along Fry Road (30,469 vehicles per day) within a thriving retail and multi-family development, surrounded by affluent master-planned communities like Bridgeland, Blackhorse, Cypress Creek Lakes, and Towne Lake, ensures high visibility and strong customer traffic. The Salad and Go features a double drive-thru and a separate mobile express pick-up window, maximizing operational efficiency and customer convenience. The property generates a Net Operating Income (NOI) of $99,000, representing a 5.75% cap rate on the asking price of $1,721,739. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a rapidly growing market within a tax-free state. The property's strong tenant, long-term lease, and built-in rent increases make it an attractive investment for those seeking stable returns and long-term growth potential. The location benefits from excellent visibility and proximity to Interstate 30 (63,740 VPD).

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 850 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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