Listed by Partners Real Estate Houston, Partners
Unpriced
1000 Blasingame Road
Details
Property Type Industrial
Sub Type Warehouse, Manufacturing
Square Footage 157,882
Net Rentable (SqFt) 157,882
NOI $1,748,823
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options Two 5-Yr Options at FMV
Year Built 2009
Year Renovated 2013, 2020
Acreage 12.650
Ground Lease No
Manufacturing Facility (157,882 SF) | Absolute NNN | Houston MSA
Investment highlights
Tenant: Logan Industries
NRSF: ±157,882 SF
Land Size: ±12.646 AC
Guarantor: Pressure Thermal Dynamics
Commencement Date: 7/1/2013
Expiration Date: 12/31/2030
Lease Type: Absolute NNN
Annual Escalations: Based on CPI
Renewal Options: Two 5-Year Options at FMV
NOI: $1,748,823.48*
*Based on CPI and subject to change*
**Assumable Debt @ 3.30% & Maturing 12/31/2030*
***CONTACT BROKER FOR FUTURE LEASE EXTENSION DETAILS***
Listing Contacts
Listed by Partners Real Estate Houston, Partners
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$1,748,823.00
$145,735.25/mo
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
