Four-Building Industrial Business Park Industrial FOR SALE


Houston, TX
$7,000,000 USD
832-702-8160
, Houston, TX for Sale
$7,000,000 USD
Industrial - FOR SALE
1/23
null | 6.7% Cap Rate

Four-Building Industrial Business Park
Houston, TX


HIGHLIGHTS

  • Newer four-building industrial business park totaling approximately 38,400 SF on 3.71 acres (four ±9,600 SF single-tenant buildings).
  • Located in West Houston’s Energy Corridor submarket with quick access to I-10, Beltway 8, and Grand Parkway TX-99.
  • Stable in-place income from four separate single-tenant leases with 5–6 year terms and staggered expirations, reducing rollover risk.
  • Predictable contractual rent growth with scheduled annual increases across all four leases through at least 2028.
  • Institutional-style design with ±2,000 SF office per building (reception, 4 offices, conference room, break room, office restrooms, warehouse restroom
  • Modified gross lease structure with tenants handling most maintenance obligations per their leases, limiting landlord operational burden.

OVERVIEW

Investment highlights PRICE: Offered at a 6.7% CAP, forward CAP 7% (12 mo) OFFERING SUMMARY: Longhorn Road Business Park is a prime, fee-simple industrial investment consisting of four single-tenant 9,600 SF buildings (38,400 SF total) on 3.71 acres, all leased on 5–6 year modified-gross terms, providing stable income with limited near-term rollover risk. Located just north of Houston’s Energy Corridor with direct connectivity to I-10, Beltway-8, and the Grand Parkway, the property offers strong tenant demand drivers and convenient access to restaurants, retail, and services. At the current asking price of 7,000,000, the asset generates a current NOI of approximately 463,246, with scheduled rent increases driving forward 12-month NOI to roughly 472,196 and a forward cap rate of about 7%. All four buildings feature separate electrical, water, and sewer connections, individual metering, 3-phase 480-volt 200-amp service, fenced yards, high-efficiency LED-lit warehouse space with 16-foot eaves, and functional 2,000 SF office build-outs with mezzanine, supporting a wide range of industrial users. Risk is further mitigated by diversified income across four tenants, staggered contractual rent escalations and expirations, and reduced insurance costs attributable to the on-site fire water tank. The combination of modern construction, strong submarket fundamentals, predictable rent growth through 2028, and minimal landlord responsibilities positions Longhorn Road Business Park as an attractive long-term hold for investors seeking durable, increasing cash flow in West Houston. INDIVIDUAL BUILDING HIGHLIGHTS: • 4 offices, conference room, break room, 3 restrooms • 16 foot eave • 3 - 14’ x 14’ overhead doors • Fenced in private yard space • Near energy corridor, just north of I-10 • Individual metering • 3-Phase 480 volt / 200 amp services • Private water and septic (each building) • ± 700 SF Mezzanine over office • High-efficiency LED lighting in warehouse • Various internet options

ASK ABOUT THIS PROPERTY

Michael BlountPanoptic Realty GroupMore Info
832-702-8160

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Michael BlountPanoptic Realty GroupMore Info
832-702-8160

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