14044 Spg Cypress Rd Cypress, TX 77429-1963

This exceptional investment opportunity presents a single-tenant, 8,238 square foot medical office building in Cypress, Texas. The Class B property, built in 2016 and renovated in 2023, sits on a 0.9-acre lot at a hard signalized corner, shadow-anchored by a high-traffic H-E-B grocery store with over 1.6 million annual visitors. The building is 100% occupied by a credit-rated tenant, Houston Methodist Primary Care Group, under a net lease with 3% annual rent increases. The lease has a significant remaining term. Located at 14044 Spring Cypress Rd, Cypress, TX 77429, this property boasts exceptional demographics, with average household incomes exceeding $137,000 within a one-mile radius and a population exceeding 200,000 within a five-mile radius. The asking price is $4,525,400, representing a 6.00% cap rate and a price per square foot of $549.33. This is a hands-off investment with limited landlord responsibilities and strong potential for long-term returns due to the high-quality tenant, favorable lease terms, and prime location. The property's location on a gateway out-parcel ensures high visibility and accessibility. Within a two-mile radius, 92% of homes are owner-occupied, indicating a stable and desirable community for medical practices.