12910 Malcomson RdCypress, TX 77429

For Sale
Call for price

9,830 SF Retail Space, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
94
This Cypress, TX shopping center offers 9,830 contiguous square feet of retail space in a Class B, multi-tenant building. Built in 2018 with renovations in 2015, this NNN-lease property boasts 69.48% occupancy and is situated on a high-traffic intersection (Malcomson & Grant Roads), adjacent to Lakewood Towne Square. The property features four buildings on a 40,000 square foot lot with plans for an additional 42,000 square feet of healthcare and daycare facilities. The center benefits from excellent visibility to over 20,000 cars daily, with easy access from multiple points. It enjoys a strong 8.7:100 parking ratio and is ranked in the top 94th percentile for visitor frequency among nearby shopping centers. The surrounding area features affluent households with an average income exceeding $140,000 within a 3-mile radius. The property is zoned for commercial use (APN: 1262950010003) and offers a generous tenant improvement allowance and rent abatements. The space is in move-in ready condition, ideal for various retail or service businesses. This prime location provides exceptional visibility and accessibility, making it an attractive investment opportunity.

Highlights

  • 9,830 SF multi-tenant Class B shopping center in Cypress, TX.
  • Located at a high-traffic intersection with excellent visibility.
  • Strong demographics: affluent area with high household incomes ($140,000+ within a 3-mile radius).
  • NNN lease available with generous TI allowance and rent abatements; rent starts at $17/SF.
  • Well-maintained property with ample parking (8.7:100 ratio).

Property Details for 12910 Malcomson Rd

Property type
Lifestyle centers, Power centers
Square Feet
9,830 SF
Class
B
Year Built/Renovated
2018/2015
Buildings
4

Location Insight

City
Cypress
County
Harris
State
Texas
Latitude
29.9889011
Longitude
-95.6152822
12910 Malcomson Rd, Cypress, Texas

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12910 Malcomson Rd
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