11960 Barker Cypress Rd - Showroom FOR SALE


Cypress, TX 77433
$2,500,000 USD
281-808-1166
11960 Barker Cypress Rd, Cypress, TX for Sale
$2,500,000 USD
Showroom - FOR SALE
1/19
null | Request Cap Rate

11960 Barker Cypress Rd
Cypress, TX 77433


HIGHLIGHTS

  • From an investment standpoint, the Cap Rate would be about 6.75%, projecting that the a new tenant in Suite 400 pay similar NNN rent.
  • Great location on Barker Cypress Road, just +/- 0.4 Miles from Hwy 290.

OVERVIEW

Excellent owner-occupancy or investment opportunity in Cypress, TX. The building has two suites, both with high-end build-outs. Suite 400: Approximately 3,036 SF - The building owner is currently occupying this suite and will vacate upon sale. Layout includes: Conference Room 10 private offices & 5 cubicle work stations 2 private restrooms Multiple break rooms Warehouse/storage area with roll up door Suite 100: Approximately 4,286 SF - Occupied by Oceaneering, a strong credit, international tenant. Their lease ends in 2027. They are currently paying about $23.00 psf NNN with approximately 3% annual increases.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41

LAND SF

61,424

ZONING

-

APN/PARCEL ID

1391490010003

ASK ABOUT THIS PROPERTY

Joel C. EnglishTexas CRES LLCMore Info
281-808-1166

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Joel C. EnglishTexas CRES LLCMore Info
281-808-1166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.