Nec Cypresswood @ Quailgate Dr

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Nec Cypresswood @ Quailgate Dr

Spring, TX 77373
Asking Price
$215K
Asset Type
Retail
Class
Class B

What's Special

This retail site is located at the northeast corner of Cypresswood Drive and Quailgate Drive in Spring, Texas. Situated within a developed suburban corridor, the property is surrounded by established residential neighborhoods and local businesses. The location provides direct frontage on Cypresswood Drive, a primary east-west thoroughfare, and is approximately two miles west of Interstate 45. Nearby amenities include grocery-anchored shopping centers, casual dining options, and public parks. The area is served by a network of regional roads that connect the property to the greater Houston metropolitan area. The site is suited for neighborhood-scale retail development or multi-tenant commercial use. Ideal tenant profiles include professional services, boutique fitness studios, or neighborhood service providers catering to the local resident base. The property's visibility and accessibility support businesses requiring frequent customer turnover, such as small-scale specialty grocers, medical clinics, or quick-service food establishments. Given the surrounding demographic density, the location is positioned for daily-needs retail geared toward the immediate community.

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NOI
$80,000
Cap Rate
37.21%
DSCR
6.27
Strong
Cash-on-Cash
104.24%
Monthly Payment
$1,063.703
Annual Cash Flow
$67,235.568

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