Cypress Medical Plaza 2025

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present qualified investors with the opportunity to acquire Cypress Medical Plaza (the “Property”), a 46,408 square foot medical outpatient property in Cypress, Texas. Completed in 2008, the Property is 81.3% leased to a diverse array of regional and national medical specialists with an average 4.4 years of remaining lease term. Situated in the fastest-growing submarket in Houston, the 290 Corridor submarket, the Property is strategically located less than one mile from the area’s only major hospital, the 163-bed HCA Houston Health Care North Cypress (“HCA Cypress”) campus, which is currently adding a $100M patient tower.

The Property’s proximity to HCA Cypress, Cypress’ rapid growth, and over $400,000 of recent aesthetic improvements have allowed the asset to capture demand from medical outpatient tenants searching for well-located, externally accessed medical outpatient space near major health systems. Since the COVID-19 pandemic, the Property has increased its occupancy from under 50% to 81% today. Cypress Medical Plaza’s current leasing momentum, stable cash flow, and contiguous vacancy offer a new owner the opportunity to realize the project’s remaining upside while benefiting from strong in-place income.