14702 Telge Rd Cypress, TX 77429-1233
Property Lookup
Property profile & analytics
14702 Telge Rd Cypress, TX 77429-1233
- Gas stations
- 9,556 SF
- 1.84 lot acres
Property ID
US82-7876545
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- Laredo Taco Company / Restaurant
- 7-Eleven / Restaurant
Property Details for 14702 Telge Rd
- Year built
- 2020
- Lot size
- 1.84 lot acres
- Property size
- 9,556 SF
- Property type
- Gas stations
- APN
- 1250790010001
- APU
- 1250790010001
Description
Exceptional investment opportunity: This fee-simple 7-Eleven property in Cypress, TX, presents a compelling net lease investment. The 4,842 square foot building, constructed in 2020, sits on a 2.1-acre lot at a hard corner location with high visibility at the signalized intersection of Spring Cypress Road and Telge Road (77,000 vehicles per day). The property benefits from a 15-year absolute NNN lease with 11.4 years remaining, featuring 10% rent bumps every five years. The tenant, 7-Eleven (S&P rated A), is the world's largest convenience store operator, providing significant stability and security. The property boasts a strong NOI of $295,899, resulting in a 5.00% cap rate. Located in a rapidly growing area, Cypress, part of the Houston MSA, has a population exceeding 182,000 and strong income demographics, with an estimated $169,435 average household income within a one-mile radius. This offering presents a rare opportunity to acquire a high-performing, low-maintenance asset with substantial long-term growth potential. The lease commenced April 1, 2021, and expires April 1, 2036. The property's address is 14702 Telge Road, Cypress, TX 77429. This is an absolute NNN lease with a single tenant. The asking price is $5,917,980.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cypress
- County
- Harris
- State
- Texas
- Longitude
- -95.6526
- Latitude
- 29.9919
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$29,631
$760,250
$1,298,863
$2,059,113
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$760,250
$1,298,863
$2,059,113
