This Industrial Property is no longer advertised on LoopNet.com.
609 Leago St
Houston, TX 77091
AAA Lift Trucks · Industrial Property For Sale
Investment Highlights
- ± 10,450-Square-Foot Flex Warehouse Featuring Ample Office Space with Masonry and Metal Construction
- Functional Flex Asset: Two-Floor Flexibility, 18’ Clear Height, and Two Grade-Level Doors
- 5.3% Rent Growth in Submarket Outpaces Overall Market and an Additional ± 5,500-Square-Foot Mezzanine Space Could Be Utilized for Excess Storage
- 18-Month Triple-Net Sale-Leaseback with Master Lease, Can Be Divisible Between Six Tenants
- Strong Market Tenant Base Providing Wide Range of Manufacturing, Logistics, and Oil Industries
- With Seller-Financing at Four Percent Interest, Cash-On-Cash Return Achieves 18.5% in Year-One
PROPERTY FACTS
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 0.52 AC |
Rentable Building Area | 10,450 SF |
No. Stories | 1 |
Year Built | 1969 |
Tenancy | Single |
Parking Ratio | 1.44/1,000 SF |
Clear Ceiling Height | 18’ |
No. Drive In / Grade-Level Doors | 2 |
Amenities
- Signage
Utilities
- Water - City
- Sewer - City
- Heating
Links
PROPERTY TAXES
Parcel Number | 0760930000013 | Improvements Assessment | $515,382 |
Land Assessment | $224,200 | Total Assessment | $739,582 |
zoning
Zoning Code | N/Ap, Houston |
Learn More About Investing in Industrial Properties
Listing ID: 27454464
Date on Market: 1/6/2023
Last Updated:
Address: 609 Leago St, Houston, TX 77091
The Industrial Property at 609 Leago St, Houston, TX 77091 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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