Vacant Auto Parts Building
$1,500,000
13808 Cypress North Houston Rd, Houston, TX 77429
Cap Rate
Square Feet
7000
Year Built/Renovated
2007
INVESTMENT HIGHLIGHTS
• Excellent Owner-User Opportunity
• Only Available Freestanding Retail Building in Submarket
• Versatile Layout for a Variety of Business Uses
• Priced Below-Replacement Cost ($214/SF): Ability for Investors to Purchase and Lease to Tenants for Upside
• Approximately 180 Feet of Frontage on Cypress North Houston Road: Over 18,000 Vehicles Per Day
PROPERTY DESCRIPTION
Marcus & Millichap is pleased to exclusively offer for sale a freestanding building, formerly occupied by AutoZone, located at 13808 Cypress North Houston Road, in Cypress, Texas. This 7,000-square-foot-building is situated on 45,738 square feet of land. This is an excellent opportunity for a user to purchase a freestanding building to operate out of. An investor will benefit from an attractive cashflow by leasing the building at market rents of $18 to 24 per square foot plus triple-nets.
Alex Wolansky, CCIM
MANAGING DIRECTOR INVESTMENTS
713-452-4292
Gus N. Lagos
SENIOR MANAGING DIRECTOR INVESTMENTS
713-452-4257
