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Property profile & analytics
FOR LEASE
Strip malls

12723 Cutten Rd Houston, TX 77066

13,998 SF 0.91 ac lot Built 2019
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-8696588
Property summary
AI-generated overview

This exceptional 11,150 square foot, single-story commercial building, located at 12723 Cutten Rd, Houston, TX 77066, offers flexible office space ideal for traditional or creative businesses. Built in 2019 and renovated in 2022, the property boasts 14-foot ceilings and ample parking with 36 spaces. The building sits on a 0.91-acre lot and is conveniently located near the busy intersection of FM 1960 and Cutten Rd, in Harris County (APN: 1182490010005). Currently, 9,750 square feet of space is available, divisible into units as small as 1,000 square feet or leased as one contiguous space. The landlord is offering a limited-time incentive of $10 per square foot base rent for year one, along with free rent. The property can be delivered in vanilla shell condition. A newly signed lease with Marco's Pizza, featuring annual rent escalations, demonstrates strong tenant demand. Annual property taxes are $2.80 per square foot. This presents a unique opportunity for businesses seeking modern, well-maintained office space in a high-traffic location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2019
Construction STEEL FRAME
Total area 13,998 SF
Lot 0.91 ac (39,422 SF)
APN 1182490010005
UPID US82-8696588
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
Current use
Occupant on record · Public records
  • Marco's Pizza Restaurant
  • 24Seven Crossdocking in Houston Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Boss Industrial Property LLC · 4 yrs held
Boss Industrial Property LLC
since 2022
6 recorded transactions
2022
Price N/A
2018
Price N/A
2016
Price N/A
2015
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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