12320 Cutten Road Houston, TX 77066

Listing agency Stream Realty Partners Houston a***@marcusmillichap.com Show Phone

Listed by Cary Latham · License #Texas - 703358

Source Crexi

Added: Apr 10 Updated: Jul 22 at 3:47PM Checked: Jul 22 at 3:47PM

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Investment Insights

Based on property information with market context.

This property is a research and development facility built in 2011, totaling approximately 10,000 square feet within a 1.5-acre site in the deed restricted Cutten Green Business Park. The site is operated as a biotechnology lab and R&D use and is currently leased to Novozymes BioAg, Inc.

The facility is located in the North Freeway/Tomball Parkway industrial submarket, with close proximity to SH 249 and Beltway 8. Novozymes has two years remaining on a 10-year lease with three percent annual rental escalations.

The offering is for the Novozymes BioAg, Inc. property at 12320 Cutten Road in Houston, Texas.

Key Highlights

• Built in 2011, this research and development facility includes approximately 10,000 SF of lab and office buildout
• Located on approximately 1.5 acres in the deed restricted Cutten Green Business Park
• Publicly traded tenant Novozymes has two years remaining on a 10‑year lease with 3% annual rental escalations

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FAQs

What type of property is this?

Manufacturing property - Built in 2011, this R&D facility on 1.5 acres features a roughly 10,000-square-foot lab and office buildout.

Where is this manufacturing property located?

The property is located at 12320 Cutten Road Houston, TX.

What are key features of this property?

This property features: Built in 2011, this research and development facility includes approximately 10,000 SF of lab and office buildout; Located on approximately 1.5 acres in the deed restricted Cutten Green Business Park; Publicly traded tenant Novozymes has two years remaining on a 10‑year lease with 3% annual rental escalations