6912 Calhoun Rd - Warehouse FOR SALE


Houston, TX 77021- OST-South Union
$1,170,000 USD
832-356-8746
6912 Calhoun Rd, Houston, TX for Sale
$1,170,000 USD
Warehouse - FOR SALE
1/27
null | 8.46% Cap Rate

NEW


6912 Calhoun Rd
Houston, TX 77021
OST-South Union


HIGHLIGHTS

  • An 8.5% cap rate is a rare opportunity in the Houston area.
  • 4 units, recently renovated in 2023.
  • 3-phase power in 3 units except the last one
  • Gross leases generate approximately $9,400 per month in total rent. 100% occupied
  • Owner can self-manage, minimal management needed.
  • The property is situated near several expanding residential neighborhoods.

OVERVIEW

The Realty is pleased to present to you a standout industrial flex space at 6912 Calhoun Rd, Houston, TX 77021. Completed in 2023, this property offers a unique investment opportunity with a strong 8.5% cap rate. While many flex spaces are known for their sleek appearances but lackluster returns, this property defies expectations. It may not be the flashiest on the block, but it delivers impressive financial performance. With a solid 8.5% return, it proves that substantial gains can come from a no-frills, high-performing asset. This newly constructed facility features 14,596 square feet of versatile space on a 21,825 square foot lot. The building’s modern design includes a steel structure with a half brick and half steel exterior, ensuring both durability and a contemporary look. The flexible layout supports various uses, including showroom and light industrial applications. Currently fully occupied by four stable tenants, the property offers room for rental increases due to below-market rates, enhancing its investment potential. Located in a rapidly developing area with new residential constructions nearby, it stands to benefit from the increased demand in the surrounding region. Per Seller, each unit square footage is -Unit 1: 3,600sqft -Unit 2: 3,600sqft -Unit 3: 4,500sqft -Unit 4: 3,600sqft Don’t miss your chance to capitalize on this high-return gem in a thriving location. Contact us at trinh@trinhbroker.com or call 832-356-8746 Please use the link below to sign our NDA. Financial information will be available to view upon the receipt of NDA. https://form.jotform.com/242536872434057 3D tour available below

FOR SALE DETAILS

PRICE

$1,170,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

8.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

UTILITIES

Lighting, Water - City, Sewer - City

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,825

ZONING

X1

APN/PARCEL ID

0581580000018

ASK ABOUT THIS PROPERTY

Thé Trinh NguyenThe Realty TXMore Info
832-356-8746

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Thé Trinh NguyenThe Realty TXMore Info
832-356-8746

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