Property History
Property Type
Property Type
Marketing Description
Spring Cypress Retail Center is a 7,837 square-foot (“SF”) retail center located in Houston, Texas. The fully occupied center features a lineup of national credit tenants including Visionworks, Supercuts and Cypress Dental Group and Orthodontics, a Pacific Dental brand. Each of these proven tenants are service users and therefore resistant to the “Amazon effect”, which helps to secure long-term success for the Property. Spring Cypress Retail Center is positioned within the primary retail hub for the trade area and expanding housing market. Further, the Property is supported by strong demographics including average household incomes of $123,000 within a five-mile radius and a daytime population of 78,000 people.
Investment Highlights
- Stabilized Center with Corporate Credit Tenants: The Property is comprised of a desirable e-commerce resistant tenant lineup that supports the daily needs of the residents in the immediate trade area. Spring Cypress Retail Center is 100% leased to national credit tenants.
- Low Maintenance Investment: The size, recent construction and overall condition of the building, coupled with the sophisticated tenancy, creates a rare low maintenance opportunity for a prospective owner.
- Dominant Retail Intersection: Strategically positioned within the core of the retail hub for the greater Cypress trade area. The Property is shadow anchored by Lowe’s and fronts a 279,000 Target anchored power center. The intersection boasts over 1.8 M SF of retail including category-leading anchors that also include Walmart, T.J.Maxx, Ross, Kroger, Home Depot and Cinemark.
- Strong Demographics with Continued Growth: Situated in a highly desirable trade area that continues to expand with new residential developments, the Property is ideally positioned to benefit from the 26,000 future homes planned within five miles. Further, the population within a five-mile radius of the Property contains over 170,000 people with average household incomes of $123,000.
Loan History
Financial History
Tax History
Contact Information
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error
Ownership Information
Property Details
Contacts
Listing removed on
BY:
Micha van Marcke, CCIM PRO
•••.•••.3011
•icha@••••-••.com
Listing removed on
BY:
Chace Henke
•••.•••.3009
•hace@••••-••.com
Listing removed on
BY:
Ryan Holliday
•••.•••.3027
•••••iday@••••-••.com
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!
