1202 Hahlo St - Manufacturing FOR SALE


Houston, TX 77020- Denver Harbor-Port Houston
$7,294,534 USD
713-985-4624
1202 Hahlo St, Houston, TX for Sale
$7,294,534 USD
Manufacturing - FOR SALE
1/18
null | 7% Cap Rate


HIGHLIGHTS

  • 75,839 SF industrial facility situated on 3.811 acres of land.
  • Positioned in close proximity to Loop 610, Houston Ship Channel, Interstate 45, Highway 225, and Interstate 10.
  • Property includes multiple bridge and jib cranes.
  • Leased through December 31, 2030.

OVERVIEW

Partners is pleased to present the opportunity to acquire 1202 Hahlo Street, a ±75,839 SF, industrial facility situated on ±3.811 acres in Houston, Texas. Home to TEAM Industrial Services, Inc., a publicly traded provider of a range of specialized industrial services focused on the construction, maintenance, and monitoring of pressurized piping and associated systems. The property features include partially HVAC warehouse, dock high and ramp loading doors, T5 warehouse lights, and multiple bridge cranes ranging from 1/2-ton to 15-tons. TEAM Industrial Services has been in the building since 2016 and just executed a five (5) year renewal. Team Industrial Services serves customers in the refining, petrochemical, power, pipeline, and other heavy industrial industries with a high level of service. This is one of more than 220 U.S. and international locations - with service locations in five continents. The property is located in East Houston's active industrial submarket, less than a mile away from Loop 610, with immediate access to the Houston Ship Channel, Highway 225, Interstate 45, and Interstate 10. Houston's Industrial Manufacturing Vacancy Rate is at a historically low 2.5%, making this an excellent acquisition opportunity.

FOR SALE DETAILS

PRICE

$7,294,534 USD

PRICE/SF

$96 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

3.52

LAND SF

153,331

ZONING

-

APN/PARCEL ID

0402650010005

ASK ABOUT THIS PROPERTY

Travis Land, SIORPartnersMore Info
713-985-4624

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Travis Land, SIORPartnersMore Info
713-985-4624

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.