566 Cypress Creek Parkway

9,620 SF | 100% Leased | Retail Building | Houston, TX 77090 | For Sale

Date Added:
May 17, 2024
Days on Market:
28 days
Property Type
Retail
Square Feet
9,620 SF

Listing Contacts

Micha Van Marcke
Micha Van Marcke
Verified Profile
Chace Henke
Chace Henke
Verified Profile
  • Property Info

Property Overview

Multi-tenant retail center offering consistent cash flow and immediate upside through the lease-up of the remaining second generation vacancy.

Property Details

Class
B
Year Built
1998
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
40,075 SF

Highlights

  • Diverse service-oriented, internet resistant tenant line-up poised to serve the dense surrounding residential trade area
  • Located along FM 1960 near I-45, the Property benefits from immediate access to a combined 248,000+ cars per day
  • Opportunity to maximize value and purchase well below replacement cost on a primary Houston artery
  • Adjacent to a well-performing Kroger anchored power center, driving over 3 million customer visits (per Placer.ai) annually to the immediate area
  • Positioned within a dense retail, medical and industrial/flex hub, underpinning an exceptional daytime population of 238,000+ people within 5 miles

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