Map of Property

12550 Louetta Rd

For Sale

12550 Louetta Rd, Cypress, TX 77429

This Cypress property for sale is located at 12550 Louetta Rd. The current listed sale price for 12550 Louetta Rd is $3,350,000. 12550 Louetta Rd is situated on a lot that is 1.49 acre in size.

Contacts

Tony Anderson

CBRE

Richard Brehaut

CBRE

Kent Presson

CBRE

Property Details

  • Property Type Retail
  • Property Size 12,036 SF
  • Lot Size 1.49 Acre
  • Cap Rate % 5.94
  • Year Built 2002
  • Date Updated May 14, 2026

LONG-TERM OPERATING HISTORY CVS Pharmacy is operating under a long-term lease with 12.5+ years of term remaining, which expires in October 2038. Additionally, this is an established location for CVS, having occupied this site since 2002 and extended the lease for 20 years in 2018, demonstrating their commitment to this property.

CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT The lease is corporately guaranteed by CVS Health, the largest retail pharmacy chain in the United States. CVS operates over 9,000 locations and boasts an impressive “BBB” investment grade credit rating from S&P.

LOCATED IN HOUSTON MSA Houston is the 5th largest MSA in the country, with a population exceeding 7 million people. In 2023, the Houston MSA’s GDP was an impressive 697 billion. Once rural farm land, Cypress is now one of Houston’s largest suburbs. with a thriving economy.

 

Overview

ABSOLUTE TRIPLE NET (NNN) LEASE

The property is subject to an Absolute Triple Net (NNN) lease with CVS Pharmacy,

resulting in zero landlord management responsibilities. The tenant is responsible

property taxes, insurance, all repairs & maintenance, and the roof & structure.

 

Location Description

LOCATED ON HARD, SIGNALIZED CORNER

The subject property benefits from its location on the hard, signalized corner of Louetta Rd and N Eldridge Pkwy. The combined traffic counts at this intersection are 36,639 vehicles per day.

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Getting around

  • 52/100

    Walk Score ®

  • 64/100

    Bike Score ®

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Location

  • City Cypress, TX
  • Zip Code 77429
  • Market Houston

Points of Interest

  • Happy Stop

    0.63 miles

  • Exxon

    1.13 miles

  • Valero

    1.41 miles

  • H-E-B Fuel

    1.48 miles

  • Mobil

    1.82 miles

  • Shell

    2.00 miles

  • PG8

    1.79 miles

  • PG7

    1.84 miles

  • PG6

    1.95 miles

  • PG5

    2.00 miles

  • Champions North HOA Car Park

    4.35 miles

  • Cy-Fair ISD bus barn

    4.63 miles

  • Cypress Park & Ride

    4.85 miles

  • Yeager Elementary Car Park

    5.51 miles

  • Northwest Station Park & Ride

    6.71 miles

  • Kinsmen Lutheran Southern Parking Lot

    6.78 miles

  • Wendy's

    0.14 miles

  • Sierra Madre Taco Co.

    0.18 miles

  • Tea for Two Tearoom

    0.47 miles

  • Papa Murphy's

    0.48 miles

  • Subway

    0.49 miles

  • Hunan River Bistro

    0.51 miles

  • Papa John's

    0.51 miles

  • Sonic

    0.53 miles

  • La Parmigiana

    0.56 miles

  • The Bake Shoppe

    0.56 miles

  • Kroger

    0.52 miles

  • Walmart Neighborhood Market

    1.10 miles

  • Grant and Spring Cypress H-E-B

    1.58 miles

  • Walmart Supercenter

    1.61 miles

  • Kohl's

    1.61 miles

  • Target

    1.76 miles

  • Sprouts Farmers Market

    1.87 miles

  • Vintage Park Market H-E-B

    2.25 miles

  • Whole Foods Market

    3.08 miles

  • ALDI

    3.23 miles

Contact 12550 Louetta Rd
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