Euro Auto Parts
Turnkey Auto/Industrial w/ 3 Warehouses & Rental Income | 7,262 SF
Marketing description
Fantastic opportunity to acquire a unique income producing property. Includes three warehouses/shops, three concrete-paved lots, providing a turnkey setup for immediate income. It is currently 70% occupied, owner can easily rent out completely, but wants to leave options for new buyer for potential redevelopment. At 100% very quickly bringing the cap rate to above 15%.
The property features existing rental income of $8,800 per month and the proforma once the other spaces are leased will bring in an average of $13,800 per month. Taxes are approximately $1,100 per month.
This is a rare chance to own an income-producing multi-unit commercial property in one complete package blocks from Hobby Airport and 45 South.
Investment highlights
Multiple Commercial Assets – Portfolio includes multiple warehouses and shop spaces totaling 7,262 SF, offering flexible industrial and retail use.
Two Spacious Concrete-Paved Lots – Large, fully paved lots ideal for vehicle storage, equipment, customer parking, or future operational expansion.
Ample Parking & Yard Space – Generous on-site parking supports both business operations and tenant needs.
Value-Add Potential – Opportunity to increase income through additional leasing, operational expansion or redevelopment.
Owner-User or Investor Friendly – Ideal for investors seeking cash flow or owner-operators looking for a combined business and real estate acquisition.
Rare Combined Offering – Income-producing real estate offered together in one package.
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