Richards & Assoc. Real Estate
Listed by Richards & Assoc. Real Estate
$1,250,000
Wade Circle
Details
Property Type Industrial, Mixed Use
Sub Type Warehouse
Square Footage 7,330
Net Rentable (SqFt) 7,330
Units 6
NOI $135,000
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Term 3
Lease Expiration 01/31/2029
Remaining Term 2.5
Rent Bumps Yes
Pro-Forma NOI $131,000
Price Per Acre $96,032
Class B
Year Built 2025
Buildings 3
Stories 1
Acreage 1.000
Zoning no
Investment Type Stabilized
Lease Commencement 12/15/2025
Occupancy Date 12/01/2025
Ground Lease No
Ceiling Height 18
Dock High Doors 16
STABILIZED -3 Office Warehouse Buildings FOR SALE
Marketing description
- Prime Commercial Facility- Ideal for Service, Showroom or Light Manufacturing.
- Located, off Sgt. Ed Holcomb Blvd S. with Easy Access minutes from I-45 and Loop 336. Provides seamless connectivity to major thoroughfares, ensuring efficient access for customers, employees and service vehicles.
- Quick travel time to The Woodlands, Highway 99, Beltway 8, Houston, and surrounding communities making it an ideal site.
- Conroe –North Houston Regional Airport, provides easy access for business, corporate, and soon, international travelers.
Investment highlights
Great for Owner Occupied or Investor. Proposed New Construction for 3 Office Warehouse Building, customizable
3 New Construction, Office Warehouse Buildings. Build to Suit.
Total 7330 sq ft of metal buildings.
Conditioned Office Space with Restrooms
18' Eave Height
14x14 Bay doors
Walls/Roof Insulated
4/12 Roof Pitch
Utilities: 3-phase power available
Customizable Configuration available- Door/Window locations.
Can build out to suit if needed.
- 2305 Wade Circle, 2450 sq ft building with option of 2 Spaces, Suite “A” 816 SF and Suite “B” 1633 SF
- 2307 Wade Circle, 3200 sq ft building with option of 2 Spaces, Suite “A” 1066 SF and Suite “B” 2133 SF
- 2309 Wade Circle, 1680 sq ft building with option of 2 Spaces, Suite “A” 840 SF and Suite “B” 840 SF
Listing Contacts
Richards & Assoc. Real Estate
Listed by Richards & Assoc. Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,000.00
$11,250.00/mo
Valuation Metrics
0
DSCR
10.8%
Cap Rate
10.8%
ROI
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