Sugar Creek II — Sale in Sugar Land, TX
- Price: $1
- Listing type: For sale
- Asset type: Office
- Location: Sugar Land, TX 77478
- Year built: 2009
Photos
Description
JLL Capital Markets, as exclusive advisor to the owner, is pleased to present for sale a 100% fee simple interest in Sugar Creek II ("the Property"), a 204,791-square-foot headquarters-quality office building situated on 3.323 acres in one of Houston's strongest suburban submarkets. Currently 73.4% leased, the Property delivers immediate cash flow while providing substantial value-add potential through vacancy absorption at an attractive basis significantly below replacement cost. Built in 2009 and recently improved, Sugar Creek II is in excellent condition with high-quality common areas and convenient access to nearby amenities, occupying a prime location at US 90 and I-69 with exceptional highway visibility and frontage in one of Houston's most desirable residential suburbs. Current ownership has invested over $1 million since January 2026, allowing new ownership to concentrate capital deployment on leasing initiatives. Sugar Creek II represents one of Houston's most compelling suburban office opportunities, combining a premier Sugar Land location, efficient floor plates, Class-A construction quality, and strong upside potential through lease-up execution.
Market Context
This office in Sugar Land, TX is listed for sale at $1. The building dates to 2009. Compare it against other office listings for sale in Sugar Land, TX — view the full market.
As of Q1 2026, the Houston office market showed a 26.1% vacancy rate, and average asking rents near $31.77/SF/yr. Source: multiple brokerage reports, Q1 2026.
Above-average vacancy gives buyers leverage and a wide set of comparables.
Office market FAQ
- Is the Houston office market tightening or softening?
- Vacancy is around 26.1% (Q1 2026).
Contact
- Martin Hogan · 7138523557 · marty.hogan@jll.com
- Rick Goings · 7134255855 · rick.goings@jll.com
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