1360 Hugh Rd - Manufacturing FOR SALE


Houston, TX 77067- Greater Greenspoint
$1,950,000 USD
832-403-2866
1360 Hugh Rd, Houston, TX for Sale
$1,950,000 USD
Manufacturing - FOR SALE
1/4
null | 1.85% Cap Rate

1360 Hugh Rd
Houston, TX 77067
Greater Greenspoint


HIGHLIGHTS

  • Heavy Power
  • Stabilized Yard
  • Easy Access to Major Freeways
  • Additional Yard for Development

OVERVIEW

Great location for light manufacturing or redevelopment. Quick access to i-45 and the Beltway. Heavy power to the site, currently used by a roofing company. Unique opportunity here. 8 acres, half stabilized with appx one acre leased to a redundant energy provider (they will store power receptors/batteries on the acre outlined in pink on the survey attached.) This would provide a steady, in-place income stream; however, there are easements included in the lease (also drawn in pink). The land lease is $3000.00 per month with 3% annual increases.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

1.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.21

LAND SF

357,628

ZONING

None

APN/PARCEL ID

0680590060023

ASK ABOUT THIS PROPERTY

John HornbuckleCypressbrook CompanyMore Info
832-403-2866

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John HornbuckleCypressbrook CompanyMore Info
832-403-2866

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