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Auto Service - Gas-Conv

11330 Barker Cypress Rd

11330 Barker Cypress Rd, Cypress, TX 77433

Listing Price: $1,150,000

Cap Rate
6.22%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
3.7
Gross SF
1,450
Guarantor
Corporate Guarantee
Rentable SF
1,450
Price/Gross SF
$793.10
Lease Type
NNN Ground Lease
Rent Per Square Feet
$49.31

Investment Overview

Marcus & Millichap is pleased to present 11330 Barker Cypress Rd in Cypress, TX. The property is strategically positioned along Barker Cypress Road, a high-traffic arterial and primary retail corridor in Cypress, offering exceptional visibility to approximately 45,680 vehicles per day directly in front of the site. The location also provides immediate access to U.S. Route 290, which carries an average daily traffic count of approximately 120,140 vehicles, further enhancing regional connectivity and accessibility. Situated within a rapidly expanding retail corridor, the property lies within a five-mile radius of ten major shopping centers totaling approximately 3.2 million square feet of retail space and 398 stores. Prominent national retailers in the surrounding area include Walmart Supercenter, The Home Depot, Target, Marshalls, Bed Bath & Beyond, Kroger, and Cinemark Theatres, among many others. Additionally, the site benefits from convenient walkable access to a Walmart Neighborhood Market. The property is supported by a strong demographic profile, with 251,784 residents living within a five-mile radius and an average household income of approximately $133,236 within three miles of the site. Visibility and demand are further strengthened by the property’s proximity to major employers and educational institutions, including HCA Houston Healthcare North Cypress, a 163-bed medical facility employing approximately 1,400 individuals and generating an estimated $1.7 billion in annual patient revenue. The property is also located within five miles of nine well-attended schools serving a combined student population of approximately 13,066.

Investment Highlights

  • STABLE, LONG-TERM NNN GROUND LEASE INVESTMENT
  • PRIME VISIBILITY IN A HIGH-DENSITY RETAIL CORRIDOR
  • STRATEGIC CENTRAL LOCATION NEAR MAJOR EMPLOYERS & SCHOOLS
  • FAST-GROWING TENANT MEETING EVERYDAY DEMAND

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Auto Service - Gas-Conv

11330 Barker Cypress Rd

Listing Price: $1,150,000

Cap Rate
6.22%
Tenant Name
Take 5 Oil Change
Years Remaining On Lease
3.7
Gross SF
1,450
Guarantor
Corporate Guarantee
Rentable SF
1,450
Price/Gross SF
$793.10
Lease Type
NNN Ground Lease
Rent Per Square Feet
$49.31

Investment Highlights

  • STABLE, LONG-TERM NNN GROUND LEASE INVESTMENT
  • PRIME VISIBILITY IN A HIGH-DENSITY RETAIL CORRIDOR
  • STRATEGIC CENTRAL LOCATION NEAR MAJOR EMPLOYERS & SCHOOLS
  • FAST-GROWING TENANT MEETING EVERYDAY DEMAND

Investment Overview

Marcus & Millichap is pleased to present 11330 Barker Cypress Rd in Cypress, TX. The property is strategically positioned along Barker Cypress Road, a high-traffic arterial and primary retail corridor in Cypress, offering exceptional visibility to approximately 45,680 vehicles per day directly in front of the site. The location also provides immediate access to U.S. Route 290, which carries an average daily traffic count of approximately 120,140 vehicles, further enhancing regional connectivity and accessibility. Situated within a rapidly expanding retail corridor, the property lies within a five-mile radius of ten major shopping centers totaling approximately 3.2 million square feet of retail space and 398 stores. Prominent national retailers in the surrounding area include Walmart Supercenter, The Home Depot, Target, Marshalls, Bed Bath & Beyond, Kroger, and Cinemark Theatres, among many others. Additionally, the site benefits from convenient walkable access to a Walmart Neighborhood Market. The property is supported by a strong demographic profile, with 251,784 residents living within a five-mile radius and an average household income of approximately $133,236 within three miles of the site. Visibility and demand are further strengthened by the property’s proximity to major employers and educational institutions, including HCA Houston Healthcare North Cypress, a 163-bed medical facility employing approximately 1,400 individuals and generating an estimated $1.7 billion in annual patient revenue. The property is also located within five miles of nine well-attended schools serving a combined student population of approximately 13,066.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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