Spring Cypress Offices & Warehouse Industrial Flex Space Texas

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Sands Investment Group is Pleased to Exclusively Offer For Sale the 37,360 SF Office and Warehouse Industrial Flex Space Located at 11424 Spring Cypress Road in Tomball, Texas. This Opportunity Features a 100% Occupied Office and Industrial Flex Space With a Strong Demand, Providing For a Unique Investment.

• 100% Occupied Office and Industrial Flex Space
• Strong Demand – Waiting List For Available Space
• The Property Features 28 Office and Industrial Warehousing Units
• Strong Demographics With a Population of 230,688 People Making an Average Household Income of $116,353 Within a 5-Mile Radius
• Immediate Proximity to Over 2,000 Multi-Family Units With an Average Occupancy Rate of 95%
• Located Along Spring Cypress Road (Over 25,200 VPD) and Within Walking Distance of Tomball Parkway (Over 110,900 VPD)
• Situated Near the Willow Wood Junior High School, Willow Creek Elementary School and Northpointe Intermediate School
• Texas is an Income Tax Free State
• Nearby Tenants Include: Target, Petco, AutoZone, Walmart Supercenter, O’Reilly Auto Parts, Kohl’s, Ross, Walgreens and More

In Cooperation With Sands Investment Group Austin, LLC – Lic. # 9004706
BoR: Max Freedman – Lic. # 644481

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• Excellent Real Estate with Complete Interior and Exterior Remodel in 2015
• ~7 Years Remaining on NNN Lease with 10% Rent Increases Every 5 Years and Four 5 Year Options to Extend
• Outparcel to a Target and Kroger with Prime Drive-Thru Location on the Corner of Marsh Lane and Belt Line Road with Traffic Counts Exceeding 75,000 VPD at Intersection of Marsh Lane and Belt Line Road
• Belt Line is a Major East/West Corridor that Connects Interstate 35E (216,394+ VPD) and the Dallas North Tollway (204,377+ VPD) – Both Major North/South Corridors through Dallas
• Located 2.5 Miles From Interstate 635 – Over 246,653 VPD
• Minutes from the Addison Airport and Only 25 Minutes to Dallas Love Field and the Dallas/Fort Worth International Airport
• 5 Minutes to Brookhaven College and 18 Minutes From the University of Texas at Dallas
• 25 Minutes North of Downtown Dallas – The Fourth Most Populous Metropolitan Area in the United States with Over 1.2 Million in Population
• 30 Minutes East of Six Flags Over Texas and the AT&T Stadium – Home of the Dallas Cowboys
• Addison is Best-Known Within the Dallas-Fort Worth Metroplex Region for its Abundance of Restaurants and Nightlife

In Cooperation with Sands Investment Group Austin, LLC – BoR: Max Freedman Lic # 9004706

 

• Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
• 17 Years Remaining on Lease
• 7.5% Rent Escalations Every 5 Years
• Strong Operator: Bojland Restaurant Group, Inc. Operates 10 Bojangles’ Locations
• Bojland Restaurant Group, Inc. was Awarded “Outstanding Small Operator of the Year” by Bojangles’ Corporate in 2015
• Strong Visibility from Edgefield Road with High Traffic Counts of 27,000 VPD and I-20 with 39,000+ VPD
• Neighboring Tenants Include: Walmart, Food Lion, Dollar General, Zaxby’s Chicken Fingers, Checkers, Little Caesars Pizza, Subway, McDonalds and Burger King

Grocery/Drug Anchored Center | Quality Mix of Seasoned Tenants | Strong Intersection in Densely Populated Trade Area | Newly Renovated Exterior | Convenient Access with Ample Parking