Aegeus Inspection Solutions
Industrial | 20,060 SqFt
Marketing description
Trade Properties, on behalf of Ownership, is pleased to offer for sale 11801 S Sam Houston Parkway W in Houston, Texas.
The offering represents the opportunity to acquire a ±20,060 SF building (±9,860 SF industrial & ±10,200 SF office) on ±1.66 AC in Houston, Texas, the nation's sixth-largest market economy and a premier global trade hub. Built in 2006, the metal building with brick facade is 100% leased to Aegeus Inspection Solutions on a NNN lease with 3.0% annual escalations and no remaining tenant renewal options offering landlord flexibility.
Aegeus Inspection Solutions provides non-destructive testing, inspection, and engineering solutions for energy, defense, and aerospace. Aegeus has been at this location since February 2007. The property offers stable NNN income with Beltway 8 frontage (115,000 VPD) and excellent visibility. The Property features an attractive brick facade, 100% HVAC, three grade-level doors, and more than one half-acre of fenced, gated, and paved outdoor storage.
Investment highlights
- Tenant in place since Feb 2007 with a current lease through 3/31/2029, no renewal options
- Current NOI of $268,149 ($13.37 PSF)
- Aegeus Inspection Solutions, 40+ years in US energy/defense/aerospace
- ±20,060 SF metal building with pitched roof on ±1.66-acre lot, attractive brick facade
- True passive NNN investment with minimal landlord responsibilities
- Building features ±24' eaves, full HVAC, 3-phase power, three 14'x14' grade-level rear doors
- Fenced and paved rear yard offering secure storage for trucks, equipment, and materials
- Beltway 8 frontage with excellent visibility, highly desirable commercial corridor with 115,000+ vehicles per day
- Texas has no state income tax
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
