This exceptional 17,600 square foot commercial property, located at 23801 Cypresswood Drive in Spring, Texas (Harris County, zip code 77373), presents a compelling investment opportunity. The 5-acre site boasts eight single-story buildings constructed between 2020 and 2024, featuring a diverse mix of uses including retail, industrial, and self-storage. Currently operating at 85% occupancy (as of October 8, 2024), the complex comprises 119 units, including eight mini office/retail spaces, a 10,000 square foot self-storage facility, and a newly built 5,600 square foot multi-use building with 11 office/warehouse units. The property offers ample parking with 68 spaces, accommodating trucks and RVs. The 12-foot ceiling height in the warehouse spaces adds to its versatility. Approved plans exist for an additional 30,000 square feet of development, providing significant expansion potential. This Class B property, situated just 15 minutes from George Bush Intercontinental Airport and across from Planet Ford Stadium, benefits from its location in one of Greater Houston's fastest-growing areas, ensuring high demand and strong tenant retention. The property's diverse revenue streams from office, retail, self-storage, and parking make it an attractive, stabilized investment. The APN is 1217800010001. The property is owned by Sekson Inc. and is being offered for sale by owner.
Highlights
2,000 SF of office/retail space, subdivided into eight individual units, perfect for small businesses.
10,000 SF of self-storage units, currently operating and well-maintained.
5,600 SF newly constructed multi-use building with eleven office/warehouse units.
68 parking spaces accommodating trucks and RVs.
Approved for 30,000 SF of additional development.
Multiple income streams from office, retail, self-storage, and parking.
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Jauhar Mahmood
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23801 Cypresswood Dr, Spring, Texas, 77373
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23801 Cypresswood Dr
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