Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Northwest Freeway Owner-User Retail Center, located at 25402 Northwest Freeway in Cypress, Texas. This offering presents a desirable opportunity for a buyer to purchase the retail center, currently occupied by Excel Urgent Care and Texas Floors and to be able to occupy Texas Floors’ 4,700 square foot suite on or after May 1, 2027. An owner-user would then benefit from co-tenancy with a multi-unit urgent care operator that will bring in cash-flow to help pay down a buyer’s note. Offered at $4,530,000, the property is priced at or below replacement cost, without having to deal with the time, labor, and construction financing associated with development of a new building. Rather than an owner-user constructing or purchasing a freestanding building, sharing the multi-tenant building with the urgent care tenant provides stable cash flow and long-term tenancy, helping offset ownership costs while increasing traffic and visibility to the retail center. The property benefits from more than 400 feet of frontage along Highway 290, with traffic counts exceeding 100,000 vehicles per day. Located near Houston Methodist Cypress Hospital and the entrance to Cole’s Crossing residential area, the asset serves a dense and affluent trade area with average household incomes exceeding $130,000 within a one-mile radius.