12723 Cutten RdHouston, TX 77066

For Sale
$2,150,000

Marco's Pizza NNN Lease, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fee-simple ownership of the Cutten Road Shopping Plaza in Houston, Texas. The property, built in 2019, boasts a 11,150 square foot building situated on a 39,422 square foot lot, featuring 36 parking spaces. Currently occupied by a Marco's Pizza franchisee under a Net Lease (NNN) agreement, the lease commenced December 7, 2021, and has a remaining term of approximately 3.7 years, expiring August 6, 2028. The lease includes rent bumps, providing for future income growth. The property is zoned F1 - Commercial and enjoys a high-traffic location at the busy intersection of FM 1960 and Cutten Road in Harris County, zip code 77066. The asking price is $2,150,000, translating to $192.83 per square foot. Seller financing is available, making this an attractive proposition for investors seeking a low-maintenance, high-return investment with a strong national tenant. The property's recent construction minimizes maintenance needs, while the prime location and long-term lease with a reputable franchisee ensure a stable income stream. This is a rare opportunity to acquire a well-positioned retail property in a thriving Houston market.

Highlights

  • $2,150,000 asking price for this low-maintenance, 2019-built property.
  • High-traffic location at the intersection of FM 1960 and Cutten Rd in Houston, TX.
  • Strong, 15-year lease with Marco's Pizza providing consistent rental income.
  • Seller financing available.

Property Details for 12723 Cutten Rd

Property type
Lifestyle centers, Power centers
Square Feet
11,150 SF
Year Built
2019
Buildings
1
Stories
1

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.9641771
Longitude
-95.5312587
12723 Cutten Rd, Houston, Texas

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12723 Cutten Rd
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