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Value-Add Office Condos at Spring Cypress 11601 Spring-cypress Rd
3,719 SF Office Condo Unit Online Auction Sale Tomball, TX 77377
Investment Highlights
- 11601 Spring Cypress Road is home to office condo units A, B, D, and E within The Office at Spring Cypress Office Park.
- These vacant condos present a professional user’s opportunity to acquire the high-end space while generating income from the remaining units.
- Spring Cypress office park offers beautifully landscaped grounds and a large water feature in the center of the park.
- Office condos are convenient of Tomball Pkwy/ HWY 249, and multiple shopping centers like Tomball Crossings.
- HOA covers water, trash, and external insurance, and each condo has reserved parking space and access to the community conference room.
Executive Summary
Welcome to The Offices of Spring Cypress, a vibrant southern condo-style business park in the heart of Tomball, Texas, offering four vacant office condos to the market. Designed for exceptional client accessibility, condos A, B, D, and E total 3,719 square feet and offer flexible layouts for modern businesses to have a private and customizable space via unique lockable connecting doors to neighboring units. This provides a professional user with unparalleled leasing flexibility for the remaining space. Designed for exceptional client accessibility, the condos offer a spacious open layout, two private offices, reserved parking, 10-foot finished ceilings, central air and heating, recessed lighting, and reserved parking spaces. The spaces are in excellent condition, and there is a security system. Additional amenities include on-site management, beautifully landscaped grounds, and a large water feature in the park's center. There is also a community conference room (seats 12 to 16 with a private kitchen and restroom), ideal for startups seeking a professional workspace, established businesses searching for a convenient location, or companies looking to expand or downsize. Recent capital improvements have upgraded the suite's flooring, walls, ceilings, and more. Don’t miss out on securing one of the most adaptable office spaces in the park. The office condos are situated in a thriving commercial area surrounded by master-planned communities and conveniently located near Highway 249 and Tomball Toll Road 99. This prime location is a rare find, offering both versatility and convenience. The 11601 Spring Cypress Road is accessible to Tomball Crossings, Lakewood Forest Center, Spring Cypress Shopping Center, Spring Cypress Village, and Rock Creek Shopping Center. The George Bush Intercontinental Airport and Downtown Houston are typically a 30- to 45-minute drive during peak rush hours via Highway 249, Sam Houston Tollway, and Interstate 45. Houston’s Metro shuttle provides stops all around the greater Houston area and along Tomball Parkway’s access roads. Of the Offices at Spring Cypress’ 5-mile demographics, there are approximately 230,207 residents, with nearly 45% having attained a bachelor's degree or higher. This population count is expected to increase by 0.3% by 2029. The average household income is over $120,400, and the median home value is $284,387. The area is home to many diverse tenants, especially education, healthcare, and professional services tenants serving the growing suburban population. Professional rents have increased by 1.0% in the past 12 months in the FM 1960/ Hwy 249 office submarket, currently around $28.00/square foot. Property tours are available by appointment only. Please get in touch with the listing broker to schedule.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Property Information
Property Facts
1 Unit Available
Unit A,B,D,E
Unit Size | 3,719 SF | No. Parking Spaces | 9 |
Condo Use | Office | APN/Parcel ID | 1301880010001, 1301880010002, 1301880010004, 1301880010005 |
Sale Type | Investment |
Unit Size | 3,719 SF |
Condo Use | Office |
Sale Type | Investment |
No. Parking Spaces | 9 |
APN/Parcel ID | 1301880010001, 1301880010002, 1301880010004, 1301880010005 |
Description
Welcome to The Offices of Spring Cypress, a vibrant southern condo-style business park in the heart of Tomball, Texas, offering four vacant office condos to the market. Designed for exceptional client accessibility, condos A, B, D, and E total 3,719 square feet and offer flexible layouts for modern businesses to have a private and customizable space via unique lockable connecting doors to neighboring units. This provides a professional user with unparalleled leasing flexibility for the remaining space. Designed for exceptional client accessibility, the condos offer a spacious open layout, two private offices, reserved parking, 10-foot finished ceilings, central air and heating, recessed lighting, and reserved parking spaces. The spaces are in excellent condition, and there is a security system. Additional amenities include on-site management, beautifully landscaped grounds, and a large water feature in the park's center. There is also a community conference room (seats 12 to 16 with a private kitchen and restroom), ideal for startups seeking a professional workspace, established businesses searching for a convenient location, or companies looking to expand or downsize. Recent capital improvements have upgraded the suite's flooring, walls, ceilings, and more. Don’t miss out on securing one of the most adaptable office spaces in the park.
The office condos are situated in a thriving commercial area surrounded by master-planned communities and conveniently located near Highway 249 and Tomball Toll Road 99. This prime location is a rare find, offering both versatility and convenience. The 11601 Spring Cypress Road is accessible to Tomball Crossings, Lakewood Forest Center, Spring Cypress Shopping Center, Spring Cypress Village, and Rock Creek Shopping Center. The George Bush Intercontinental Airport and Downtown Houston are typically a 30- to 45-minute drive during peak rush hours via Highway 249, Sam Houston Tollway, and Interstate 45. Houston’s Metro shuttle provides stops all around the greater Houston area and along Tomball Parkway’s access roads.
Of the Offices at Spring Cypress’ 5-mile demographics, there are approximately 230,207 residents, with nearly 45% having attained a bachelor's degree or higher. This population count is expected to increase by 0.3% by 2029. The average household income is over $120,400, and the median home value is $284,387. The area is home to many diverse tenants, especially education, healthcare, and professional services tenants serving the growing suburban population. Professional rents have increased by 1.0% in the past 12 months in the FM 1960/ Hwy 249 office submarket, currently around $28.00/square foot.
Property tours are available by appointment only. Please get in touch with the listing broker to schedule.
About FM 1960/Hwy 249
The northwest area of Houston is one of the fastest-growing sections in the city. Since 2010, more than 80% of the population growth that has occurred in Harris County has been in its unincorporated areas, much of which is in proximity to this neighborhood. The area is also home to neighborhoods with pockets of high median household incomes, including Champion Forest, Cypress, Tomball, and Spring. Higher incomes have supported mixed-use and retail development, such as the Vintage Park shopping center on Highway 249.
With more than 12 million square feet of inventory, the area is relatively large by Houston standards. Like most West Houston areas near the Energy Corridor, the energy sector plays a large role in the office landscape here; more than one-third of all office tenants are tied to the energy industry. Even so, this area is also home to a diverse group of tenants, especially education, healthcare, and professional services tenants serving the growing suburban population base. Some of the largest office tenants include Lone Star College (600,000 square feet), CHI St Luke's Health (215,000 square feet), and Emerson (175,000 square feet). Several of Houston’s major highways run directly through the area, including Highway 290, Highway 249, and Highway 6, offering tenants exceptional connectivity across the region.
Investors are also attracted to this area because of the relative value assets here provide. Pricing is favorable, with the average price per square foot still below the Houston average and a significant discount to neighboring The Woodlands and West Belt.
DEMOGRAPHICS
Demographics
Amenities
- 24 Hour Access
- Conferencing Facility
- Pond
- Signage
- Wheelchair Accessible
- Central Heating
- DDA Compliant
- Monument Signage
Nearby Amenities
Hospitals |
|||
---|---|---|---|
Memorial Hermann First Colony Hospital | Acute Care | 5 min drive | 2.8 mi |
St Luke's Hospital at The Vintage | Acute Care | 4 min drive | 2.8 mi |
First Texas Hospital | Acute Care | 5 min drive | 3.2 mi |
Houston Methodist Willowbrook Hospital | Acute Care | 7 min drive | 5.3 mi |
HCA Houston Healthcare Tomball | Acute Care | 10 min drive | 7.2 mi |
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Value-Add Office Condos at Spring Cypress | 11601 Spring-cypress Rd
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