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Investment Highlights

  • 100% leased. Four office condominium units total 3,719 SF with three tenants and approximately $73,800 in in-place NOI at a $995,000 asking price.
  • Each unit carries a personal guaranty from the tenant’s principal, with no dollar cap or burn-off, covering all 3,719 SF of the rent roll.
  • The five-mile trade area includes 247,578 residents, 90,495 households and a $110,510 median household income, based on 2026 Esri estimates.
  • Lease expirations are staggered through August 2027, May 2029 and June 2030. No single expiration represents more than 40% of rentable area.
  • Net leases require tenants to reimburse association dues and property taxes at $9.45/SF. The association maintains the grounds, parking and exterior.
  • CoStar reports 12.8% vacancy and a $26.66/SF asking rate for 3-Star office in the FM 1960/Hwy 249 submarket, with no space under construction.

Executive Summary

11601 Spring Cypress Road includes four office condominium units totaling 3,719 rentable square feet. The property is 100% leased to three unrelated tenants and produces approximately $73,800 in net operating income. At the $995,000 asking price, the offering represents a 7.4% capitalization rate and $267.55 per rentable square foot.
The rent roll is diversified across three tenants with staggered lease expirations. A children’s learning center occupies Unit A through June 2030. A wellness spa occupies Unit B through August 2027. A regional hospice provider occupies Units D and E through May 2029. No single expiration represents more than 40% of the rentable area.
Each lease is net. Tenants reimburse association dues and property taxes at $9.45 per square foot, and the property owners association maintains the grounds, parking and building exterior. Each unit also carries a personal guaranty from the tenant’s principal with no stated dollar cap or burn-off.
The single-story masonry building was constructed in 2007. Each unit has a separate entrance, restroom and dedicated HVAC system. HVAC equipment serving Unit B was replaced in 2022 and Unit A in 2025. The interiors were remodeled in 2023, reducing near-term exposure to several common capital items.
The condominium units are separately platted and maintain separate appraisal district accounts. All four units are offered together and will not be subdivided as part of the current sale.
The property sits at the northeast corner of Spring Cypress Road and Trail Cypress Boulevard, approximately one mile west of SH 249 and four miles east of the Grand Parkway. It is part of a deed-restricted business park with 12 freestanding buildings on 8.34 acres. Amenities include surface parking, monument signage, 24-hour access, a lake and a separate conference center for owners.
Nearby residential communities include Gleannloch Farms, Champion Forest, Lakewood Forest and the Villages of Northpointe. HCA Houston Healthcare Tomball and Houston Methodist Willowbrook are among the area’s healthcare employment centers.
A current flood zone determination places the property outside the 100-year and 500-year floodplains on FEMA map 48201C0240M, panel 0240M, effective October 16, 2013.
Competitive supply is limited based on current CoStar data. As of August 8, 2026, 3-Star office space in the FM 1960/Hwy 249 submarket had a 12.8% vacancy rate, a $26.66 per square foot asking rate and no office space under construction.
The surrounding demographic base is also projected to grow. Within five miles, Esri estimates 247,578 residents in 90,495 households, with median household income of $110,510. Population is projected to reach 253,866 by 2031, and 73.3% of employed residents work in white-collar occupations.
Within one mile, Esri identifies Flourishing Families as the largest Tapestry segment, representing 52.8% of households. The segment reports median household income of $119,012 and median net worth of $514,498. That profile is consistent with the surrounding customer base for family-oriented and wellness services.
Executed leases, the reconciled rent roll, guaranty documents, association budget and assessment history, and the current status of tenant purchase options are available for review under a confidentiality agreement.
For the offering memorandum or a review of the rent roll, call Patrick Buckhoff, CCIM, at 281.686.9445.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,572 SF
Building Class
B
Year Built
2007
Price
$995,000
Price Per SF
$151.40
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,136 SF

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Pond
  • Signage
  • Wheelchair Accessible
  • Central Heating
  • DDA Compliant
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste C
  • 738 SF
  • Office
  • Full Build-Out
  • Now

Suite C presents a unique opportunity for salon, beauty, wellness, or professional office users seeking a move-in ready space in a highly desirable Cypress location. Currently configured as a salon suite, the layout offers flexibility for a variety of business types while maintaining a professional and welcoming atmosphere. The suite features a spacious reception and client waiting area with soaring ceilings, abundant natural light, and attractive architectural finishes that create an inviting first impression. Multiple private rooms provide flexibility for styling stations, treatment rooms, offices, consultation spaces, or other specialized business needs. A private restroom and dedicated break area add convenience for both staff and clients. Large windows throughout the suite bring in natural light, while quality finishes, crown molding, and durable tile flooring contribute to a polished professional environment. The suite’s efficient layout allows businesses to maximize usable space while maintaining privacy and functionality. Located within a professionally maintained office condominium development, tenants benefit from excellent access to Highway 249, the Grand Parkway (SH 99), and the surrounding Cypress and Tomball trade areas. The property offers convenient front-door parking and a well-established business environment that appeals to both clients and employees. Ideal for salon, spa, esthetics, wellness, medical aesthetics, counseling, consulting, or general office users seeking a professional space with an established layout and upscale appearance.

  • 1st Fl-Ste F
  • 738 SF
  • Office
  • -
  • Now

Ideal for medical, professional, consulting, insurance, legal, financial, and service-oriented businesses, this location offers a professional environment in the heart of a rapidly growing trade area.

Space Size Space Use Build-Out Available
1st Fl-Ste C 738 SF Office Full Build-Out Now
1st Fl-Ste F 738 SF Office - Now

1st Fl-Ste C

Size
738 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste F

Size
738 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste C

Size 738 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Suite C presents a unique opportunity for salon, beauty, wellness, or professional office users seeking a move-in ready space in a highly desirable Cypress location. Currently configured as a salon suite, the layout offers flexibility for a variety of business types while maintaining a professional and welcoming atmosphere. The suite features a spacious reception and client waiting area with soaring ceilings, abundant natural light, and attractive architectural finishes that create an inviting first impression. Multiple private rooms provide flexibility for styling stations, treatment rooms, offices, consultation spaces, or other specialized business needs. A private restroom and dedicated break area add convenience for both staff and clients. Large windows throughout the suite bring in natural light, while quality finishes, crown molding, and durable tile flooring contribute to a polished professional environment. The suite’s efficient layout allows businesses to maximize usable space while maintaining privacy and functionality. Located within a professionally maintained office condominium development, tenants benefit from excellent access to Highway 249, the Grand Parkway (SH 99), and the surrounding Cypress and Tomball trade areas. The property offers convenient front-door parking and a well-established business environment that appeals to both clients and employees. Ideal for salon, spa, esthetics, wellness, medical aesthetics, counseling, consulting, or general office users seeking a professional space with an established layout and upscale appearance.

1st Fl-Ste F

Size 738 SF
Space Use Office
Build-Out -
Available Now

Ideal for medical, professional, consulting, insurance, legal, financial, and service-oriented businesses, this location offers a professional environment in the heart of a rapidly growing trade area.

Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 1301880010001
  • 1301880010002
  • 1301880010005
  • 1301880010004
Land Assessment
$109,986
Improvements Assessment
$680,350
Total Assessment
$790,336
  • Listing ID: 41876538

  • Date on Market: 8/25/2026

  • Last Updated:

  • Address: 11601 Spring Cypress Rd, Tomball, TX 77377

Contact the Sale Advisor

11601 Spring Cypress Road, Units A, B, D & E | 11601 Spring Cypress Rd

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