SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Cypresswood Shopping Center, a 33,060 SF, 96% occupied, retail center located in Spring, TX (Houston MSA). The center is comprised of a diverse mix of eateries, medical, and daily needs tenants, all of which operate under NNN leases featuring options to extend their current lease terms. Boot Barn, a national apparel retailer, occupies 36% of the GLA and accounts for 30% of the base rent. Best Choice Restaurants, LLC, a successful, regional franchisee of McAlister’s Deli (50+ locations; affiliate of Sun Holdings, Inc.) occupies an end cap space, leasing 15% of the GLA and accounting for 18% of the base rent. The site is also shadow anchored by Top Golf, a premier experiential/entertainment golf concept, significantly increasing consumer draw to the surrounding trade area. This offering presents the rare opportunity to acquire a well-located retail center with the potential to add value through lease-up of the current vacant suites.

Cypresswood Shopping Center is strategically located alongside Interstate 45, a major north/south commuter thoroughfare traveling through the Houston MSA

and across the South U.S., averaging 248,000 vehicles passing by daily. Cypresswood Drive is also just a quarter-mile north of the property, serving as an arterial thoroughfare for the city of Spring, averaging an additional 78,000 VPD. The surrounding trade area is home to a bustling retail corridor with numerous national/credit tenants including Walmart Supercenter, Target, The Home Depot, Lowe’s, HEB Grocery, and more, further increasing consumer draw to the trade area and promoting crossover store exposure to the subject property. The 5-mile trade area is home to an extremely dense population of more than 242,000 residents and 83,500 employees. Residents within a 1-mile radius boast an impressive average household income in excess of $119,000.