5507 Renwick Dr | Houston, TX 77081
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- LoopNet Team
5507 Renwick Dr
Houston, TX 77081
Industrial Sale-Leaseback | 7.00% CAP · Industrial Property For Sale
Investment Highlights
- Brand-new 15-year, absolute net lease commencing at the close of escrow
- Scheduled, 10% rental increases every 5 years allow for a hedge against inflation
- Corporate guarantee from Edit TX, LLC - Experienced operator with 38 locations throughout Houston and Austin
- Property is located 0.2 miles from US Route 59 (Interstate 69) which sees over 295,000 vehicles per day
- Dense and affluent area with 240,227 residents and an average annual household income of $121,581 within 3-miles
- Mission Critical Location - this facility handles the laundry and dry cleaning services for 10 other locations as well as 10 delivery routes
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 2 |
| Property Subtype | Year Built | 1979 | |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.94 AC | Parking Ratio | 1.9/1,000 SF |
| Rentable Building Area | 20,043 SF |
| Property Type | Industrial |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.94 AC |
| Rentable Building Area | 20,043 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Tenancy | Single |
| Parking Ratio | 1.9/1,000 SF |
Amenities
- Fenced Lot
PROPERTY TAXES
| Parcel Number | 0370590250001 | Improvements Assessment | $981,322 |
| Land Assessment | $615,840 | Total Assessment | $1,597,162 |
PROPERTY TAXES
Parcel Number
0370590250001
Land Assessment
$615,840
Improvements Assessment
$981,322
Total Assessment
$1,597,162
zoning
| Zoning Code | None |
| None |
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