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6620 Cypresswood Dr 21,615 SF 100% Leased Office Building Spring, TX 77379 $2,579,549 ($119.34/SF) 6% Cap Rate
Executive Summary
Upside potential with rent escalations
Medical related tenants
Regulatory Science anchored tenant
100% leased
Owner finance available with qualified credit and down payment
Medical related tenants
Regulatory Science anchored tenant
100% leased
Owner finance available with qualified credit and down payment
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
21,615 SF
Building Class
C
Year Built/Renovated
2000/2018
Price
$2,579,549
Price Per SF
$119.34
Cap Rate
6%
NOI
$154,773
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,808 SF
Building FAR
0.56
Lot Size
0.88 AC
Zoning
None - Commercial
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Property Taxes
| Parcel Number | 1183470020002 | Improvements Assessment | $1,530,691 |
| Land Assessment | $228,840 | Total Assessment | $1,759,531 |
Property Taxes
Parcel Number
1183470020002
Land Assessment
$228,840
Improvements Assessment
$1,530,691
Total Assessment
$1,759,531
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Presented by
South Texas Prime Properties
6620 Cypresswood Dr
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