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18501 Mound Road Cypress

Enchanted Rock Leases 407302 Square Feet Industrial Space From Hamid R. Moghadam In Cypress
LEASEDIndustrial

Enchanted Rock Leases 407302 Square Feet Industrial Space From Hamid R. Moghadam In Cypress

18501 Mound Road Cypress

Building Size

407,302 SF

Asset Type

Industrial

Closing

Feb 17, 2026

AI

The property asset involved in this lease transaction is an industrial warehouse located at 18501 Mound Road in Cypress, Texas. The warehouse encompasses a total area of 407,302 square feet and is developed by Prologis, featuring 36-foot clear heights, 92 dock doors, and sufficient parking for 185 cars and 113 trailers.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 18501 Mound Road
  • Market: Cypress
  • Landlord: Hamid R. Moghadam - Prologis
  • Tenant: Enchanted Rock
  • Broker: Colliers

The key individuals and companies involved in this deal include Hamid R. Moghadam representing Prologis as the landlord, and Enchanted Rock as the tenant. The leasing process was facilitated by Colliers, highlighting the collaboration among the parties to finalize the agreement.

Players

Colliers
ColliersBrokerage

Hamid R. Moghadam

Prologis

Landlord

$377.2M

vol

6 deals

Landlord

Cypress Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93