8717 Humble Westfield Rd - Warehouse FOR SALE


Humble, TX 77338- Lake Houston
$1,150,000 USD
281-413-7404
8717 Humble Westfield Rd, Humble, TX for Sale
$1,150,000 USD
Warehouse - FOR SALE
1/8
null | 7% Cap Rate

8717 Humble Westfield Rd
Humble, TX 77338
Lake Houston


OVERVIEW

Established local business that has been operating for several years - very profitable and steadily growing. Triple Net (NNN) Lease - 3 year Recent Construction - The building is one of several in a deed restricted business park, constructed in 2016 and features modern stone and stucco store fronts. Attractive Rental Increase to Hedge Against Inflation -The lease will feature a one time – 3.00% increase halfway through the 3-year term. Excellent Semi-retail location near US 59 and FM 1960- The subject property has signage rights on busy FM 1960 to provide more of a retail identity

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building D

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

UTILITIES

-

CLEAR CEILING HT

23 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

136

LAND DETAILS

LAND ACRES

5.37

LAND SF

233,917

ZONING

None

APN/PARCEL ID

1269950010007

ASK ABOUT THIS PROPERTY

Mark TerpstraCaldwell CompaniesMore Info
281-413-7404

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Mark TerpstraCaldwell CompaniesMore Info
281-413-7404

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