Cypress Medical Plaza 2025_Property for Sale
Cypress Medical Plaza 2025_Property for Sale

Cypress Medical Plaza 2025

20320 Northwest Freeway, Houston, TX, 77065, US

Description

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 tenants that average 3.9 years of remaining lease term. Situated in Houston’s rapidly expanding 290 Corridor, 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 $450,000 of recent aesthetic improvements have allowed the asset to capture demand from 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 significantly enhance value while benefiting from strong in-place income.

...

Attributes

Building area net
4,311 m²
Occupancy
81.3%
Year built
2008
WAULT
3.9 years

Media

Investment Highlights

  1. CLOSE PROXIMITY TO MAJOR HEALTHCARE HUBS: Located Within One Mile of 163-Bed HCA Houston Healthcare North Cypress Campus
  2. STRONG DEMAND DRIVERS: Strategically Located in a High- Growth, Under-Served Medical Market (5.0 MOB SF Per Capita, as compared to 6.3 MOB SF Per Capita for the larger Houston MSA)
  3. STRONG MIX OF MEDICAL SPECIALTIES: Featuring Orthopedics, Primary Care, Dialysis, Dermatology, Orthodontics, Prosthetics, Aesthetician Care, and Pharmacy
  4. GROWING HEALTHCARE CORRIDOR: HCA Houston’s North Cypress Campus is Currently Undergoing a $100M Expansion, Adding 53 Beds with an Additional $75M Expansion to the Campus’s Women’s Health Infrastructure Anticipated to Begin Soon After
  5. HIGHLY-VISIBLE, EASILY ACCESSIBLE LOCATION: The Property’s Position on Highway 290 Provides Excellent Visibility for Over 140,000 Daily Vehicles
  6. AMPLE PARKING: 5.0/1,000 Parking Ratio Provides Ample Spaces for Tenants’ Patients
Cypress Medical Plaza 2025 4_Property for Sale
Cypress Medical Plaza 2025 4_Property for Sale

Contact brokers

Cypress Medical Plaza 2025 (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
10 Dec 2025