3402 Longhorn Dr, Houston, TX 77084

LOCATION SUMMARY:

3402 - 3414 Longhorn Drive Houston, TX 77084

Located adjacent to Westside Business Park which is near the Energy Corridor. Located minutes from I-10 and Beltway-8 with easy access in all directions. Restaurants, retail, and convenience stores can all be found within a 5-minute drive time.

SIZE:

±38,400 square feet over 4 buildings (±9,600 SF x 4)

PRICE:

Offered at a current 6.7% CAP, growing through the lease term

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