713-316-7026
14199 Westfair East Dr, Houston, TX for Sale
Industrial - FOR SALE
1/16
null | Request Cap Rate

14199 Westfair East Dr
Houston, TX 77041


HIGHLIGHTS

  • Wrought Iron Fence Surrounding Perimeter of Property With Remote Controlled Access Gates.
  • Original Building Plans Allow for Building Expansion by up to 15,750 SF.
  • High-End Corporate Office Finishes.
  • 1000KVa Utility Service; Both 120v & 240v Power In All Work Areas.
  • Two (2) Natural Gas Generators with Pad Site for a Third Future Generator.
  • Covered Employee Parking & Parking Lot Lighting.

OVERVIEW

Partners is pleased to present the opportunity to acquire 14199 Westfair East Drive, a ±41,450-square-foot office/warehouse on ±2.755 acres in Northwest Houston, occupied by Ovation Data Services. The property features tilt wall construction, four overhead doors, high-end office finishes, and a fully climate-controlled warehouse. Ovation Data Services will lease back the property at the close of escrow for a period of ten years on an absolute net lease basis with 3.5% annual increases. Ovation Data Services is a leader in digital transformation and data repository solutions with a 45-year operating history. Ovation Data Services works with the Energy, Media & Entertainment, Digital Heritage, Biotech & Life Sciences, and Security industries. 14199 Westfair East Drive is in the West Outer Loop Submarket, ideally located near major thoroughfares such as US Highway 290, Highway 6, and the Sam Houston Tollway. The submarket has a low vacancy rate of 5.6%, outperforming the Houston metro average of 6.3%, highlighting a tight barrier to entry and desirability by both tenants and owner/users alike.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

UTILITIES

-

CLEAR CEILING HT

28 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.75

LAND SF

119,790

ZONING

-

APN/PARCEL ID

1174570020004

ASK ABOUT THIS PROPERTY

Hunter StockardPartnersMore Info
713-316-7026

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Hunter StockardPartnersMore Info
713-316-7026

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