5625 Cypress Creek Pky - Office FOR SALE


Houston, TX 77069
$4,900,000 USD
713-452-4243
5625 Cypress Creek Pky, Houston, TX for Sale
$4,900,000 USD
Office - FOR SALE
1/73
null | Request Cap Rate

5625 Cypress Creek Pky
Houston, TX 77069


HIGHLIGHTS

  • High Visibility Office Located on Major East-West Artery in the Heart of Champion Forest
  • Landmark Office Property along Cypress Creek Parkway
  • Wells Fargo Bank is the Anchor Tenant on the First Floor
  • Loyal Tenant Base with Approximately 63% have been Occupants Prior to 20
  • Abundant Surface Parking for Tenants and Visitors at 4.1/1,000 RSF Well-maintained Office Asset with "Hands-On" Ownership Since Purchasing in 2007
  • Monument Signage for Tenants

OVERVIEW

Marcus & Millichap is pleased to offer the opportunity to purchase a desirable value-add office investment opportunity on 5625 Cypress Creek Parkway, Houston, Texas. Owing in part to its distinctively modern glass facade, this landmark Class B space is positioned as one of the most prominent office buildings in the immediate area, offering more than 63,000 rentable square feet spread across six (6) stories. Situated along Cypress Creek Parkway, the major East/West artery connecting I-45 North and Highway 249, immediate access is provided to all parts of Houston and the surrounding areas. A good driver will land you on one of the greens of the Champions Golf course, one of Houston’s premier golf clubs. Established in 1957, Champions enjoy a rich history and has hosted numerous major tournaments over the years. Moreover, this property is conveniently located in the heart of Champion Forest, one of Houston’s most appealing neighborhoods, providing seamless access to numerous restaurant and shopping options – including Starbucks, Pappadeaux Seafood Kitchen, Randalls, CVS, and Barnes & Noble – even some within walking distance. The Champions Wells Fargo Building has been well maintained since 2007 under the current “hands-on” ownership. In recent years, improvements have included the modernization of the property’s elevator systems in 2022, as well as the June 2025 installation of a new cooling tower. Moreover, this building is built upon a 2.76-acre site, providing a generous parking ratio of 4.1/1,000 rentable square feet. Boasting a diversified rent roll of 21 tenants, the building provides the opportunity to yield attractive annual cash flow benefits. Overall, this property maintains a highly loyal tenant base, with over 60 percent of current tenants commencing their occupancy prior to 2019. The anchor tenant on the property’s first floor, Wells Fargo Bank, is the most notable and area recognized occupant on site. Due to its location, this office building positions itself as a rare opportunity for tenants seeking a quality office environment in the Champions area. Only 23 miles from the heart of downtown Houston, the Champions Building is situated in the center of this office submarket, one that has a population of over 300,000 people within a 5-mile radius, translating to more than 120,000 employees. Ultimately, this opportunity affords an investor the chance to enter one of the most developed markets in the greater Houston MSA at a reasonable price point. In today’s market, 5625 Cypress Creek Parkway presents itself as an ideal investment for an investor, a 1031 buyer, or an owner/occupier for the 6th floor vacancy of 4,665 rentable square feet which is in move-in condition.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Champions - Wells Fargo Office Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

A

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

243

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

None

APN/PARCEL ID

1024870000053

ASK ABOUT THIS PROPERTY

Keith LloydMarcus & MillichapMore Info
713-452-4243

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Keith LloydMarcus & MillichapMore Info
713-452-4243

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.