Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to PT Realty?
PT Realty
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.
This exceptional 82,073 square foot shopping center in Houston, Texas, presents a compelling investment opportunity. Boasting a 7.75% cap rate and a strong 96.92% occupancy, the property generates a substantial net operating income (NOI) of $980,887. Built in 2005, this single-story center sits on a 7.1-acre lot at 1319 Cypress Creek Pkwy, zip code 77090, within the thriving Harris County market. The center benefits from a strategic location, with significant traffic counts on nearby FM 1960 (52,928 vehicles per day) and I-45 (215,941 vehicles per day within a 10-minute drive). A substantial daytime population of over 164,854 employees resides within a 5-mile radius, ensuring a robust customer base. The tenant mix includes a significant percentage (37.8%) of national and government credit tenants, such as Advance Auto Parts, Harris County Public Health, and CSL Plasma, providing stability and long-term value. Furthermore, the property's location is enhanced by significant residential growth, with over 400 new homes under construction in adjacent developments, including DR Horton's Legacy Park and Harris County's Providence Gardens. This prime location, coupled with strong financial performance and a diverse tenant base, makes this shopping center an attractive investment prospect. The asking price is $12,760,000, translating to a price per square foot of $155.47.
Highlights
$12,760,000 asking price for this 82,073 square foot shopping center.
7.75% cap rate with a $980,887 NOI and 96.92% occupancy.
Located in Houston, TX at 1319 Cypress Creek Pkwy, on a 7.1-acre lot.
Features national and government credit tenants, including Advance Auto Parts and Harris County Public Health.
Strong location with high traffic counts (52,928 VPD on FM 1960 and 215,941 VPD on I-45 within a 10-minute drive) and high employment density (over 164,854 employees within a 5-mile radius).
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.