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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

16616 House & Hahl Rd Cypress, TX 77433

0.68 ac lot Built 2015
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: a 6,840-square-foot auto shop in Cypress, TX, boasting a strong 15.3-year remaining lease term with Sun Auto Tire & Service, a top-10 national auto retailer. This absolute NNN lease features a 1.75% annual rent increase, beginning March 2025, and four 5-year renewal options at a 10% increase each. The property, built in 2015, sits on a 0.68-acre lot and generates a substantial NOI of $154,348, representing a 6.00% cap rate on the $2,573,000 asking price. The lease commenced February 29, 2020, and expires February 28, 2040. Located at 16616 House & Hahl Rd, Cypress, TX 77433, this property benefits from its position within a high-income area (average household income over $137,000 within a 3-mile radius), part of the rapidly growing Houston MSA. This fee-simple investment offers a secure, long-term income stream with minimal landlord responsibilities. The tenant, Sun Auto Tire & Service, operates 425 locations across 18 states and this specific location is ranked among their top 4 performers. The property's below-market rent provides additional upside potential. This is a rare opportunity to acquire a high-performing asset in a prime location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2015
Lot 0.68 ac (29,621 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
Allowed · conditional · prohibited
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