7017 Barker Cypress Rd
Cypress, TX 77433

The subject property is a 2,457-square foot freestanding Dunkin' Donuts/Baskin Robbins restaurant in the Houston suburb of Cypress, Texas. The brand new 15-year absolute net lease has a franchisee guarantee from Yes Partners, LLC, a Texas LLC. Ten percent rent escalations are scheduled every five years, and the tenant has three, five-year options for renewal. The building was constructed in 2014 and sits on 0.83 acres. The subject property is an out parcel to a Kroger anchored retail center at the intersection of Barker Cypress Road and FM 529. Traffic counts are approximately 35,800-vehicles per day on Barker Cypress Road and 33,000-vehicles per day on FM 529. Numerous national and regional retailers are in the neighboring area, including Ace Hardware, GNC, Little Caesar' s, T-Mobile, Subway, Chase Bank, Burger King, Bank of America, Spec' s, McDonald' s, Kohl' s, LA Fitness, Planet Fitness, Taco Bell, Wendy' s, CVS, Waffle House, and more. Langham Creek High School is approximately half of a mile east of the property. The surrounding area has excellent demographics, with a dense population of over 281,500 residents within five miles and an average household income exceeding $88,600.