Description
Industrial Sale/Leaseback. 33,470 SF on 5.57 Acres (SF includes covered storage). 10-year lease with 5% escalation in year 6. Absolute NNN. 6.65% cap rate. Located near I-45 in growing market north of Houston. Tenant has occupied facility since construction in 1982. Contact broker for lease information.
$5,550,000
-
0BEDS
-
5.57ACRES
-
0BATHS
-
01/2 BATHS
-
33,470SQFT
-
$166$/SQFT
Description
Industrial Sale/Leaseback. 33,470 SF on 5.57 Acres (SF includes covered storage). 10-year lease with 5% escalation in year 6. Absolute NNN. 6.65% cap rate. Located near I-45 in growing market north of Houston. Tenant has occupied facility since construction in 1982. Contact broker for lease information.
© 2023 Bryan-College Station Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Life on The Brazos Group | Coldwell Banker Apex Realtors. Data last updated 2023-11-28T08:33:35.887.
Listing information © 2023 Bryan-College Station Regional Multiple Listing Service. Listing provided courtesy of Joshua Isenhour of Clark Isenhour Realestate Svcs: (979) 268-6840.