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5405 Consulate Plaza Dr

18,281 SF Industrial Building Houston, TX 77032 $4,100,000 ($224/SF) 7.44% Cap Rate

Executive Summary

Tenant: American Medical Response of Texas, Inc.
(https://www.amr.net)
Price: Contact Broker
NOI: $305,000 ($1.39/sf NNN)
Tenant Termination Option: September 30, 2028 for $300,000 + Unamortized Leasing Costs
Lease Expiration: November 30, 2034

Property Facts

Price $4,100,000
Price Per SF $224
Sale Type Investment
Cap Rate 7.44%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 2.58 AC
Rentable Building Area 18,281 SF
No. Stories 1
Year Built 1998
Tenancy Single
Parking Ratio 1.64/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot
  • Yard
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 18,281 SF
  • -
  • Triple Net
  • Nov 2034

American Medical Response (AMR) is a leading provider of emergency medical services (EMS), delivering quality pre-hospital healthcare to thousands of communities across the United States. Their teams of highly trained and dedicated medical professionals’ partner with large and small hospital systems, counties and municipalities to ensure patients receive the right level of care, right when they need it. AMR is the flagship ground ambulance solution of Global Medical Response, giving us access to vast resources on both a national and local level. They operate a fleet of many ground ambulances and support vehicles equipped for 911 emergency services or interfacility transports—including basic life support, advanced life support and critical care capabilities—that extend hospital-level care out into the community.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 18,281 SF - Triple Net Nov 2034

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1140270010002
Land Assessment
$561,925
Improvements Assessment
$1,519,241
Total Assessment
$2,081,166

zoning

Zoning Code None (N/A)
None (N/A)
  • Listing ID: 29022479

  • Date on Market: 7/17/2023

  • Last Updated:

  • Address: 5405 Consulate Plaza Dr, Houston, TX 77032

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