Lee & Associates is pleased to offer for sale the Crosswinds Business Center (the “Property”), two Class B flex industrial warehouse buildings totaling 18,890 square feet. The Property, located at 8902 & 8904 FM 2920 is in Houston’s Far North/Northwest Industrial submarket, is along 2920 near the intersection of FM 2920 and Grand Parkway. It is ten (10) minutes from The Woodlands and ten (10) minutes from Cypress. The Property is surrounded by residential roof top growth and is in <1 minute proximity of the Gran Parkway. Houston’s outermost loop where suburban growth has boomed. 100% leased to four tenants, Crosswinds Business Center provides investors the opportunity to acquire a small multi-tenant flex property in an excellent location.

▶ RENTABLE SF: 18,890 SF
▶ ACREAGE: ± 2.60 Acres
▶ OCCUPANCY: 100%
(First lease expiring August 2020, with the remainder of Tenants expiring 2023)
▶ NOI: $185,495.85 (As of May 2020)
▶ SALES PRICE: $2,400,000
▶ CAP RATE: 7.6%
▶ LEASE TYPE: NNN