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7075 FM 1960 RD W Houston TX 77069-3607

[Locked] • APN 1182490010001

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Details
Property Type Mixed Use
Sub Type Public Space
Building SqFt 228,711
Lot SqFt 1,079,426
Acreage ******
Zoning Code NZ
Year Built 1994
Building Count 2
Opportunity Zone No
Lease Rate ******
Lease Type ******
Tax Year ******
Tax Land ******
Tax Additions ******
Tax Assessed Value ******
Days on Market ******

Property History

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Property Type
Property Type
Industrial, Mixed Use, Retail
Property Subtype
Flex, Warehouse
Marketing Description

****NEW LEASES in place - see updated Rent Roll *****

Megacenter Willowbrook LLC, is a 209,643 SF Light Industrial and Self-Storage State of the Art Facility consisting of 179,395 S.F. of Warehouse, 20,724 S.F Self-Storage and 9,524 S.F. of Coworking Office suites, in Houston’s growing North West Submarket.

The project is currently 77% leased at well below market rents (8$/sf/yr Avg), leaving significant room for new ownership to Add Value through Rent optimization and increasing physical occupancy.

With approximately ~26 Acres, the project allows new ownership for growth through future development of ~6 Acres of excess land currently leased to largest E-commerce National Credit Tenant.

Investment Highlights
  • Tremendous Value-add with low In-Place rents (±8.5$ PSF Average Warehouse rent )

  • Wide array of Warehouse Sizes, Loading docks & Climate control options

  • Infill Location close to High Income Residential & Major Highways (±90,000$ Median HH Income)

  • ±6AC of Excess Land (currently leased to largest E-Commerce S&P500 Tenant)


Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
RA
Rod Allub
•••.•••.7737
••llub@•••-••••••.com
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