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34390478
34390485

2 Locations For Sale

Compass RE Texas
Listed by Compass RE Texas
$1,740,000
5 days on market
Updated 5 days ago

2014 Silver St

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 8,670
Net Rentable (SqFt) 8,670
Cap Rate 7%
NOI $121,800
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2029
Remaining Term 3.5
Rent Bumps Yes
Pro-Forma Cap Rate 8.1%
Pro-Forma NOI $141,000
Price per SqFt $201
Class B
Year Built 1982
Year Renovated 2012
Buildings 1
Acreage 0.920
Zoning Industrial
Parking Spaces 34 spaces
Parking per 1,000 SqFt 3.92
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Ceiling Height 22
Loading Docks 2
Sale Condition N/A

Industrial | 7.00% CAP | 8,670 SqFt

Marketing description

Exceptional Class B industrial investment opportunity offering immediate, stable cash flow with a long-term triple net (NNN) lease in place through 2029 with scheduled annual rent increases. This rare offering includes both 2014 Silver St. and the adjacent parcel at 2026 Silver St., providing additional land for future expansion, outside storage, or long-term appreciation.

Built in 1982, the approximately 8,670 SF concrete tilt-wall warehouse features 22-foot clear heights, multiple loading doors, and a fully climate-controlled warehouse and office with HVAC throughout the entire building. The functional office layout includes multiple private offices, a conference room, reception area, break room, and restrooms, providing an efficient setup for a variety of industrial users.

Positioned on a highly visible corner site with excellent truck maneuverability, ample parking, and convenient access to major highways, this well-maintained Class B industrial asset presents an outstanding opportunity for investors seeking dependable passive income with built-in annual rental growth. The inclusion of the adjacent lot at 2026 Silver St. further enhances the property's long-term value, offering additional flexibility for future expansion, outside storage, or redevelopment.

Investment highlights

  • Exceptional Class B industrial investment opportunity offering immediate, stable cash flow with a long-term triple net (NNN) lease in place through 2029 with scheduled annual rent increases
  • This rare offering includes both 2014 Silver St. and the adjacent parcel at 2026 Silver St., providing additional land for future expansion, outside storage, or long-term appreciation
  • Built in 1982, the approximately 8,670 SF concrete tilt-wall warehouse features 22-foot clear heights, multiple loading doors, and a fully climate-controlled warehouse and office with HVAC throughout the entire building
  • The functional office layout includes multiple private offices, a conference room, reception area, break room, and restrooms, providing an efficient setup for a variety of industrial users
  • Positioned on a highly visible corner site with excellent truck maneuverability, ample parking, and convenient access to major highways
  • The inclusion of the adjacent lot at 2026 Silver St. further enhances the property's long-term value, offering additional flexibility for future expansion, outside storage, or redevelopment

Listing Contacts

Compass RE Texas
Listed by Compass RE Texas

Valuation Calculator

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,800.00
$10,150.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Jacob Stevenson
License
0706671
Brokerage
Compass
Brokerage Phone
4693672655
Title
Broker of Record
Name
Jacob Stevenson
License
0706671
Brokerage
Compass
Brokerage Phone
4693672655
Title
Real Estate Agent
Brokerage Address
5960 Berkshire Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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