10302 Mula Rd - Warehouse FOR SALE


Stafford, TX 77477
$3,950,000 USD
832-552-2319
10302 Mula Rd, Stafford, TX for Sale
$3,950,000 USD
Warehouse - FOR SALE
1/31
null | Request Cap Rate

10302 Mula Rd
Stafford, TX 77477


HIGHLIGHTS

  • 10302 Mula Road sits on 1.899 acres and is comprised of a 7,000-square-foot office, 9,000-square-foot shop, and 12,000 square feet of assembly space.
  • Strategically positioned five minutes from both Highway 59 (I-69) and Highway 90, 25 minutes from Downtown Houston and 40 minutes from the port.
  • Located in an up-and-coming area with the annual household growth rate projected to more than double through 2027 within three miles.
  • The submarket is set to post the highest rental growth rate since 2000 at 6%, and CoStar’s Base Case forecasts rents to grow by 6.9% in 2023.

OVERVIEW

Acquire a unique warehouse in Houston’s best-connected submarket and get a front-row seat for the explosion of growth in the metro’s most exciting up-and-coming communities. Spanning 28,000 square feet, 10302 Mula Road is a multi-faceted facility with a mix of efficient assembly and shop areas accentuated by sleek, modern office space that is ideal for a variety of uses. The warehouse boasts two 5-ton cranes with a 16-foot hook height and a 21-foot clear height to handle intensive industrial operations. Meanwhile, the large break room, wide-open bullpen, quiet work areas, and inviting reception desk create the perfect environment for office workers to plug in and innovate. There is no better time than now to hold industrial properties in this submarket. With US 59 (I-69) and Highway 90 cradling the area, the access is unmatched throughout the metro. This incredible connectivity has suppressed vacancy rates despite an inventory expansion of nearly 10% since 2020. Industrial rents within the submarket are increasing at a rate of 6%, which will be the highest pace in over two decades. There seems to be no sign of slowing down. Sugar Land to the south is posting record numbers for prosperity indicators, and Houston maintains its everlasting prominence as a member of the prolific Texas Triangle.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

UTILITIES

Water

CLEAR CEILING HT

21 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.9

LAND SF

82,720

ZONING

Per the City of Stafford

APN/PARCEL ID

7575-00-000-0115-910

ASK ABOUT THIS PROPERTY

Ayman NasserZ Group Real Estate LLCMore Info
832-552-2319

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Ayman NasserZ Group Real Estate LLCMore Info
832-552-2319

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.