The property is a 50,000-square-foot multi-tenant shallow-bay industrial asset situated on 3.84 acres. This industrial complex consists of eight buildings, comprising 28 units with 40 (16’) grade-level doors, allowing for efficient loading and unloading of goods. The property features modern 2021 construction with 18-foot clear height, providing ample space for storage and operations. The metal construction of the buildings ensures durability and low maintenance costs. Additionally, the property has three-phase heavy power, making it suitable for a variety of industrial uses. The complex also includes 127 parking spaces, accommodating the needs of tenants and visitors. The property’s design and features make it an attractive option for businesses seeking a functional and efficient industrial space.
The property’s location in the densely populated Highway 290/Tomball Parkway submarket in Northwest Houston is a significant advantage. This area is known for its high demand for industrial space, driven by its proximity to major transportation routes and a large consumer base. The property’s strategic location provides easy access to major highways, facilitating the transportation of goods and services. With 60 percent occupancy, the property offers a significant lease-up opportunity, allowing investors to increase cash flow and maximize returns. The multi-tenant configuration of the property provides a diverse income stream, reducing reliance on a single tenant. This diversification can lead to a more stable and predictable income stream. The property’s location and configuration make it an attractive investment opportunity for those seeking to capitalize on the growing demand for industrial space in Northwest Houston.
BROKER OF RECORD
TIM SPECK
Texas Broker of Record
5001 Spring Valley Road, Suite 1100W
Dallas TX
Tel: (972) 755-5200
Tim.Speck@MarcusMillichap.com
License: 9002994
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