4411 Navigation Blvd, Houston, TX 77011
Houston East End Covered Land Play
Marketing description
East End Covered Land Play: 103,423 SF of Land in the Heart of Houston’s Greater East End.
The property is occupied by multiple buildings containing 38,347 SF of rentable space.
The property is leased, on NNN basis, to an oil and gas service company, BK Corrosion, who has been in business since 1953. The lease, which has been in place for several years, runs through November 30, 2030.
The property has frontage and access from Navigation Boulevard, North Jenkins Street and Crites Street, and is walking distance from the Esplanade at Navigation, one of the sought after destinations in Houston’s East End, and is a stone’s throw away from Downtown Houston, East River and EaDo.
Investment highlights
The investment represents a tremendous upside as a covered land play.
The subject is offered at a fair price per square foot to the buildings and land.
Property is located in the shadow of the Houston CBD/Downtown, within a short distance from the Toyota Center, Daiken Park, George R. Brown Convention Center & the Houston Center.
Neighborhood is rife with new retail and residential developments. The property is located in Houston’s dynamically growing Greater East, in a very high traffic location.
The property has great visibility and easy access surrounding freeways and Downtown Houston.
2.37+ Acres located within Houston's rapidly gentrifying east end.
Close proximity to lively Navigation Esplanade, home to several bustling restaurants and farmers markets and less than a mile from East River, Midway’s 150-acre, multi-phase and mixed-use development.
38347-SF of buildings and concrete paved parking and storage areas.
Recently renovated exterior and interior spaces.
The subject has multiple curb cuts and frontage on Navigation Boulevard, N Jenkins Street and Crites Street.
2024 population within a 5-mile radius from the subject property exceeded 360,000 with the projected average household income being close to $100,000.
Daytime employment is over 310,000 and rising within a 5-mile radius from the subject property
PLEASE DO NOT DISTURB THE TENANTS
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