Technical
Financial
Distress signals
Property profile

24224 Northwest Fwy Cypress, TX 77429

OFF-MARKET
Lifestyle centers
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Property summary

AI-generated overview

This exceptional 2,000 square foot retail space is available for lease within the Barker Cypress - HEB Shopping Center, commencing October 1st, 2024. The property benefits from a highly desirable location within the Cypress Marketplace, a retail center attracting over 2.3 million annual visitors, according to Placer.ai data. This prime retail space is strategically positioned at the entrance of Cole Crossing, a thriving master-planned community encompassing 2,600 homes, ensuring a consistent flow of potential customers. The center is anchored by a prominent HEB grocery store, providing significant draw and visibility for neighboring businesses. With a substantial population exceeding 250,000 residents within a 5-mile radius, this location offers unparalleled access to a large and diverse consumer base. This opportunity presents a unique chance to establish or expand a retail presence in a high-growth area with exceptional foot traffic and strong community ties. The space is ideal for a variety of retail uses and is ready for immediate occupancy upon lease commencement. The property is categorized as a multi-tenant shopping center located in Harris County. Interested parties should inquire promptly to secure this exceptional retail opportunity.

Property profile

Verified
Property type Lifestyle centers

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Pharmacy
  • Physician
  • Pharmacy

Location

24224 Northwest Fwy Cypress, TX 77429
Cypress metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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