8500 Cypresswood Dr - Office FOR SALE


Spring, TX 77379- Cypresswood
$4,200,000 USD
346-220-1188
8500 Cypresswood Dr, Spring, TX for Sale
$4,200,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

8500 Cypresswood Dr
Spring, TX 77379
Cypresswood


HIGHLIGHTS

  • Austin Bank Building presents an exciting opportunity to own a 97% leased office.
  • Conveniently located near Highway 249, Beltway 8, Grand Parkway 99, in the heart of Champions
  • Walking distance to restaurants, shopping, retail businesses; Minutes from upscale Vintage Park shopping and retail district
  • Several parks nearby - Raveneaux walking trails, Kickerillo-Mischer Preserve, Meyer Park

OVERVIEW

The Austin Bank Building at 8500 Cypresswood Drive is a Class B+ building, constructed in 1999, featuring energy-efficient reflective glass and a two-story steel-frame design. This remarkable office offers 29,703 square feet, is situated on 1.95 acres, and supplies ample parking with 4/1000 ratio. 8500 Cypresswood Drive is conveniently located between significant roadways, including Highway 249, Beltway 8, Interstate 45, and Grand Parkway 99. Ideally positioned within walking distance of restaurants, retail businesses, and shopping. Minutes from upscale Vintage Park shopping and restaurants, Kickerillo-Mischer Preserve Park, Raveneaux walking trails, and Meyer Park.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Austin Bank Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

None

APN/PARCEL ID

1148610090039

ASK ABOUT THIS PROPERTY

Ray TullisGreenwood Corporation L.P.More Info
346-220-1188

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Ray TullisGreenwood Corporation L.P.More Info
346-220-1188

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