Retail Development
Cypress Springs Plaza
- Location
- Houston, TX
- Size
- 11,750 Sqf
- Deal Type
- Acquisition
- Strategy
- Core+
- Year
- 2022
- Net Investor Return
- 55%
- Net Annual Return
- 37%
- Hold Period
- 1.44 Yrs.
- Equity Multiple
- 1.55x
90% Leased Asset with string credit & long lease terms. Strong performer during COVID and very low maintenance. Opportunity to lease up last space and sell at low cap rate in a low interest rate environment