Retail Development
Cypress Plaza
- Location
- Cypress, TX
- Size
- 11,750 Sqf
- Deal Type
- New development
- Strategy
- Opportunistic
- Year
- 2020
- Net Investor Return
- 35%
- Net Annual Return
- 8.8%
- Hold Period
- 4.0 Yrs.
- Equity Multiple
- 1.35x
90% Leased Asset with strong 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.