12910 Malcomson Rd Cypress, TX 77429

This Cypress, TX shopping center offers 9,830 contiguous square feet of retail space in a Class B, multi-tenant building. Built in 2018 with renovations in 2015, this NNN-lease property boasts 69.48% occupancy and is situated on a high-traffic intersection (Malcomson & Grant Roads), adjacent to Lakewood Towne Square. The property features four buildings on a 40,000 square foot lot with plans for an additional 42,000 square feet of healthcare and daycare facilities. The center benefits from excellent visibility to over 20,000 cars daily, with easy access from multiple points. It enjoys a strong 8.7:100 parking ratio and is ranked in the top 94th percentile for visitor frequency among nearby shopping centers. The surrounding area features affluent households with an average income exceeding $140,000 within a 3-mile radius. The property is zoned for commercial use (APN: 1262950010003) and offers a generous tenant improvement allowance and rent abatements. The space is in move-in ready condition, ideal for various retail or service businesses. This prime location provides exceptional visibility and accessibility, making it an attractive investment opportunity.