Cypress Station Business Center 2 Flex Properties in Houston, TX

INVESTMENT HIGHLIGHTS

  • Value-Add

EXECUTIVE SUMMARY

JLL Capital Markets, on behalf of ownership, is pleased to offer qualified investors the
opportunity to purchase the fee simple interest in Cypress Station (“the Property”), a
104,212 square foot light industrial asset consisting of two buildings across a 7.7 acre
site. The Property is located adjacent to George Bush Intercontinental Airport and is just
under a 15 minute drive away. The infill location with immediate access to Interstate 45,
positions the Property to cater towards Houston’s light industrial tenants serving the dense
population in the surrounding areas.
The Property is home to a total of twenty tenants with suite sizes ranging from approximately
1,000 square feet to 20,000 square feet and boasting an average suite size of ~3,300
square feet. Both the location and suite sizes within the Property would be highly difficult
and costly to replicate today, insulating the Property from any future development pipeline.
Currently 78% leased with 2.2 years of weighted average lease term remaining, potential
investors have the unique value-add opportunity to significantly grow NOI through the
lease-up of remaining vacancies and a continued office pullback strategy while acquiring
an asset substantially below replacement cost.

PROPERTY FACTS

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 104,212 SF
Total Land Area 7.71 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
303-305 Wells Fargo Dr, Houston, TX 77090 Flex 65,578 SF 1982 -
301 Wells Fargo Dr, Houston, TX 77090 Flex 38,634 SF 1977 -
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  • Listing ID: 36700299

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: Cypress Station Business Center, Houston, TX