Fully Leased Multi-Tenant Warehouse
17946 Cypress Rosehill Rd Cypress, TX 77429
17946 Cypress Rosehill Rd, Cypress, TX, 77429
Contact for pricing
For Sale
Contact for pricing
Two 2022-built multi-tenant warehouse buildings total 14,875 SF, fully leased with unitized configurations.
Property Size14,875 SF
Price / SF$229.93
Days on Market97
Property Features for 17946 Cypress Rosehill Rd
General Information
- Standard status
- Active
- Size
- 14,875 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 2022
Listing agency
Clark Gaines Properties
(713) 322-2200
Listed by
Justin Clark · License #609429
Source
Crexi
Added: Apr 16 Updated: Jul 21 at 3:00AM Checked: Jul 21 at 3:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Clark Gaines Properties
Investment Insights
Based on property information with market context.
This offering includes (2) fully leased multi-tenant warehouse buildings totaling 14,875 SF, constructed in 2022. The first property is Building 2, totaling 5,075 SF and configured into (5) 1,015 SF units with (5) tenants. The second property is Building 4, totaling 9,800 SF and configured into (5) 1,980 SF units with (4) tenants.
Both buildings are located in a professional business park setting at 17946 Cypress Rosehill Rd and 17950 Cypress Rosehill Rd in Cypress, TX. The public remarks note convenient proximity to Grand Parkway, approximately 1.5 miles away. The seller will sell the buildings individually.
Annual NOI is stated in the remarks as $82,641.31 for Building 2 and $163,614 for Building 4. Each building is presented as 100% leased based on the provided information.
Both buildings are located in a professional business park setting at 17946 Cypress Rosehill Rd and 17950 Cypress Rosehill Rd in Cypress, TX. The public remarks note convenient proximity to Grand Parkway, approximately 1.5 miles away. The seller will sell the buildings individually.
Annual NOI is stated in the remarks as $82,641.31 for Building 2 and $163,614 for Building 4. Each building is presented as 100% leased based on the provided information.
Key Highlights
- Two fully leased multi‑tenant buildings totaling 14,875 SF built in 2022
- 17946 Cypress Rosehill (Building 2): 5,075 SF, configured into five 1,015 SF units; 100% leased across 5 tenants
- 17946 Cypress Rosehill (Building 2): annual NOI of $82,641.31; listed price $1,147,797
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $196.4k | $13.20 |
| − Vacancy | −$14.1k | −$0.95 |
| EGI | $182.2k | $12.25 |
| − OpEx | −$27.3k | −$1.84 |
| NOI | $154.9k | $10.41 |
14,875 SF · lease $13.20/SF/yr · vacancy 7.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.21M
$1.94M – $2.58M
NOI $154,881 @ 7.0% cap · market cap 4.53%
Second Best
Industrial
$1.82M
$1.59M – $2.13M
NOI $127,549 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$4.06M
$3.55M – $4.74M
NOI $284,315 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pro shield films ...
Interior Design
Similar For Sale Nearby
Similar Off Market Nearby
- Have Mercy BBQ — 17943 Grant Rd, Cypress, TX 77429
FAQs
What type of property is this?
Flex space - Two 2022-built multi-tenant warehouse buildings total 14,875 SF, fully leased with unitized configurations.
Where is this flex space located?
The property is located at 17946 Cypress Rosehill Rd Cypress, TX.
What is the asking price?
The asking price for this property is $3,420,213.
What are key features of this property?
This property features: Two fully leased multi‑tenant buildings totaling 14,875 SF built in 2022; 17946 Cypress Rosehill (Building 2): 5,075 SF, configured into five 1,015 SF units; 100% leased across 5 tenants; 17946 Cypress Rosehill (Building 2): annual NOI of $82,641.31; listed price $1,147,797
