Listed by Century 21 Olympian Area Specialists
$499,000
Eagle Lake
Details
Property Type Industrial, Mixed Use
Sub Type Distribution, Manufacturing
Square Footage 7,020
Occupancy 50%
Tenancy Single
Lease Type Gross
Lease Term 2
Lease Expiration 05/01/2026
Price per SqFt $71
Broker Co-Op No
Year Built 1984
Buildings 2
Lot Size (SqFt) 132,422
Zoning none
Investment Type Value Add
Lease Commencement 05/01/2024
Occupancy Date 05/01/2024
Industrial | 7,020 SqFt
Marketing description
It's a ~700mi loop around the west area of Houston that is probably 60% gravel, 35% paved back roads, and maybe 5% low-traffic roadways. No interstates or multi-lane highways with lots of traffic. Tons of stops for food, restrooms, and gas along the way. Hit's all the Bucee's in the area and some great food stops and some great scenery.
Investment highlights
Currently 50% occupied with rental income, second wearhouse vanant. Additional space is available on the 3 1/2 acre plus property to build out additional units.
Listing Contacts
Listed by Century 21 Olympian Area Specialists
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