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

PROPERTY TAXES

zoning

Zoning Code N/Ap, Houston
  • Listing ID: 27454464

  • Date on Market: 1/6/2023

  • Last Updated:

  • Address: 609 Leago St, Houston, TX 77091