Cypress TX - Sun Auto
$3,067,800
17932 Huffmeister Road, Cypress, TX 77429
5.3
Cap Rate
162,594
NOI
Details:
Description:
Newly Renovated Corporate Sun Auto NNN Offering | 13+ Years Remaining | Annual Rental Increases | Fee Simple Ownership | Growing Houston Texas Submarket.
Opportunity to acquire a corporate Sun Auto Tire & Service in Cypress, Texas (Houston MSA).
13.5 years remaining on an Absolute NNN Lease with 4 (5-Year) options to extend demonstrating the commitment to the site.
1.75% annual rent increases during the primary term and 10% increases each option period provide a hedge against inflation.
Cypress is a submarket of Greater Houston, the 5th most populous metropolitan statistical area in the US, with a population exceeding 7.9 million.
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities.
Tenant pays for and maintains all aspects of the premises.
Ideal, management-free investment for an out-of-state, passive investor with no landlord responsibilities.
Strategic Location | Robust Traffic | Strong Retail Synergy.
Situated on Huffmeister Road, a major east-west corridor with 13,044 VPD.
Surrounded by several highly-affluent housing communities (Sydney Harbour, Cypress Point Lake Estates, Cypress Farms, Villages of Cypress Lakes).
Proximity to numerous major national retailers providing a consistent customer base.
2 miles north of Cypress Woods High School with 3,391 students enrolled.
3 miles north of Houston Methodist Cypress Hospital, a full-scale acute-care hospital opened in March 2025 with 105 patient beds and a planned expansion of up to 276 total beds.
Location
Gallery