Retail
921 Cypress Creek Pkwy, Houston, TX 77090
For Sale 8,000,000 | Lease $1.50

 

For Sale 8,000,000 | Lease $1.50
921 Cypress Creek Pkwy, Houston, TX 77090
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Retail
Ideal Use
Office, Restaurant, Retail
- ±103,541 SF multi-tenant center on 5.38 AC with frontage on FM 1960, only 1 mi from I-45, offering high visibility in a 50K+ VPD corridor
- Flexible suite mix (±900 – 32,000 SF)
- Priced at $8.0 M ($77/SF) with in-place NOI of ~ $432K and a 5.40 % cap rate
- Abundant concrete parking and new LED site lighting enhance safety and customer convenience
- Signalized access and traffic counts topping 68,000 VPD at nearby intersections drive steady tenant exposure
Lot (Acre) Code Building # Code Lot (SF) Code
Total Lot | 0.33 AC Total Lot | 14,375 SF
- Dense population: 294K+ residents within 5 mi (projected ~300K by 2029); 113K+ within 3 mi provides strong retail demand
- Diverse, service-oriented trade area—47 – 77 % renter occupancy and broad <$100K – $100K+ income bands support everyday-needs tenancy
- Immediate connectivity to FM 1960 and I-45, one of Houston’s busiest freeway systems, attracting national and regional retailers
- Ten signalized intersections within 0.25 mi deliver 3,600 – 68,000 VPD, ideal for destination and high-traffic users
- Northwest Houston submarket features >120K households within 5 mi and sustained 6 %+ residential growth since 2010
Total Building (SF) | 104701
Sale Price Per/SF | 77.26
Total Lot | 5.38 AC
Ideal Use
Office, Restaurant, Retail
County
Harris
For Sale, For Lease
Oscar Martinez
Associate

Oscar Martinez
Associate

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