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Property profile & analytics
FOR LEASE
Retail space

13203 Fry Rd Cypress, TX 77433

21,170 SF 2.07 ac lot Built 2007
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2538969
Property summary
AI-generated overview

This exceptional 800-square-foot retail space is available for lease at the Shops at Blackhorse, situated at the northwest corner of Fry Road and Mound Road in Harris County. The property is a single-tenant, second-generation space within a thriving shopping center. The space offers excellent visibility and accessibility, benefiting from its location in a rapidly expanding area with a strong and diverse demographic. The center enjoys a robust tenant mix, including established businesses such as Domino's Pizza, Texas Children's Pediatrics, an animal hospital, and a dental office, creating a synergistic environment and high foot traffic. The lease rate is $35.00 per square foot, with NNN charges of $11.64 per square foot. This presents a unique opportunity for businesses seeking a well-located, established retail space in a high-growth area. The property features the added benefit of monument signage availability, providing excellent branding opportunities for prospective tenants. The space is currently vacant and ready for immediate occupancy, making it an ideal location for a variety of retail businesses. This is a turn-key opportunity to establish a presence in a successful and busy shopping center. Contact us today to schedule a showing and explore the possibilities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction STONE
Total area 21,170 SF
Lot 2.07 ac (90,126 SF)
APN 1299670010001
UPID US82-2538969
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
  • Cypress Smiles Dental Dental Office
  • Alyssa Kuban, MD Pediatrician Medical Clinic
  • Flip N Dip Burger Restaurant
  • Olajumoke Odufuye, MD Pediatrician Medical Clinic
  • Brianne Addicks Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$775k
CAP Approach CAP
by Request
Comparable Approach Comparable
$881k
Blend (final) Blend
$830k
Owner & transaction history
R A Patschke · 7 yrs held
R A Patschke
since 2018
5 recorded transactions
2018
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.4M +91.5%
Auto repair, garage $1.2M +66.5%
Medical building $1.0M +44.5%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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