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11960 Barker Cypress Rd 6,786 SF 100% Leased Flex Building Cypress, TX 77433 $2,500,000 ($368.41/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- From an investment standpoint, the Cap Rate is 6.75%.
- Great location on Barker Cypress Road, just +/- 0.4 Miles from Hwy 290.
EXECUTIVE SUMMARY
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 owner is currently occupying this suite. The owner is agreeable to sign a shorter-term lease back ($23 PSF) or vacate upon sale, based on the buyer’s preference.
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 a strong credit tenant. Their lease ends in 2027. They are currently paying about $23.00 psf NNN with approximately 3% annual increases.
Suite 400: Approximately 3,036 SF - The owner is currently occupying this suite. The owner is agreeable to sign a shorter-term lease back ($23 PSF) or vacate upon sale, based on the buyer’s preference.
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 a strong credit tenant. Their lease ends in 2027. They are currently paying about $23.00 psf NNN with approximately 3% annual increases.
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 1391490010003 | Improvements Assessment | $1,008,428 |
| Land Assessment | $215,820 | Total Assessment | $1,224,248 |
PROPERTY TAXES
Parcel Number
1391490010003
Land Assessment
$215,820
Improvements Assessment
$1,008,428
Total Assessment
$1,224,248
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11960 Barker Cypress Rd
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