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- LoopNet Team
7017 Barker Cypress Rd
Cypress, TX 77433
Dunkin' Donuts · Retail Property For Sale
PROPERTY FACTS
Amenities
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About 7017 Barker Cypress Rd , Cypress, TX 77433
SRS National Net Lease Group is pleased to present the rare opportunity to acquire Dunkin' Donus & Baskin Robbins, an absolute NNN leased, investment property located in Cypress, TX. The tenant, Dunkin' Donuts & Baskin Robins, backed by a multi-unit, growing franchisee, will execute a brand new 15-year absolute NNN lease at the close (sale leaseback), with 4 (5-year) option periods. The lease features 10% every 5 years in the initial term with 10% increases during the option terms. The lease is franchisee guaranteed by a growing 3-unit operator and is absolute NNN with zero landlord responsibilities. The subject site is an outparcel to a Kroger anchored shopping center ideally located along Barker Cypress Road (33,700 VPD) with excellent visibility. Additional nearby national tenants include LA Fitness, Bank of America, Burger King and Kohl' s, creating strong synergy within the immediate trade area. The strong demographics surrounding the site include an affluent household income of $94,532. Furthermore, the trade area is expected to continue its rapid growth in an already densely populated area of 295,865 within 5 miles of the site.
PROPERTY TAXES
Parcel Number | 1199430010009 | Improvements Assessment | £777,350 |
Land Assessment | £434,384 | Total Assessment | £1,211,733 |
PROPERTY TAXES
Listing ID: 6542464
Date on Market: 30/03/2017
Last Updated:
Address: 7017 Barker Cypress Rd, Cypress, TX 77433
The Retail Property at 7017 Barker Cypress Rd, Cypress, TX 77433 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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