The Brown Portfolio FOR SALE


Houston, TX - Oak Forest-Garden Oaks
$7,750,000 USD
713-830-2191
, Houston, TX for Sale
$7,750,000 USD
FOR SALE
1/10
null | 7.74% Cap Rate

The Brown Portfolio
Houston, TX
Oak Forest-Garden Oaks


HIGHLIGHTS

  • Opportunity to acquire the Brown Portfolio
  • Collection of 4 small-bay industrial buildings totaling 57,565 SF
  • The Portfolio is 93% leased and offers investors a day-one, cash-flowing asset
  • Strong in-place occupancy, top-of-market rental positioning, and an established management framework
  • Well-positioned to deliver immediate income and a seamless ownership transition

OVERVIEW

Executive Summary Colliers is pleased to present on an exclusive basis to qualified investors, the opportunity to acquire the Brown Portfolio (the “Portfolio”), a collection of four small-bay industrial buildings totaling 57,565 square feet strategically located around Houston’s 610 Loop and in the Spring Branch submarket. The Portfolio is 93% leased and offers investors a day-one, cash-flowing asset. With strong in-place occupancy, top-of-market rental positioning, and an established management framework, the Portfolio is well-positioned to deliver immediate income and a seamless ownership transition. Investment Highlights: Infill Location: The portfolio’s infill locations are positioned in close proximity to population hubs and major thoroughfares like U.S. 290, I-45, and the 610 Loop. 3 Year Stabilization Window: 2-year average WALT remaining with FMV renewal options. Below Market Rents: In-place rents are 10-20% below market. Limited CapEx Required: The portfolio has received a significant amount of capital improvements, including full renovations on 79% of the suites. Existing Cash Flow: at 93% occupancy and a majority NNN leases, the asset offers stable cash flow with a mark-to-market lease up opportunity. Strong Fundamentals: Small bay industrial assets are seeing strong rent growth and leasing absorption, particularly in infill locations. No competing assets under construction within competitive trade area. Property Summary Total / Average Construction Type Metal, CMU  Rentable Building Area (SF) 57,565 SF Land Area (AC) 3.1 AC Year Built | Reno: 1984 | 2023 Number of Suites 35 Average Suite Size 1,815 Occupancy Rate (%) 93% WALT (Years) 2.0 Years

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Todd MooreColliersMore Info
713-830-2191

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Todd MooreColliersMore Info
713-830-2191

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