7449 Wright Rd - Manufacturing FOR SALE


Houston, TX 77041
$1,950,000 USD
979-421-6468
7449 Wright Rd, Houston, TX for Sale
$1,950,000 USD
Manufacturing - FOR SALE
1/58
null | Request Cap Rate

7449 Wright Rd
Houston, TX 77041


HIGHLIGHTS

  • Multiple offices, warehouse space, storage, 14’ ceiling height, multiple bays, production areas, parking and easy access to Hwy 290.

OVERVIEW

The property is located in the northwest industrial submarket with good access to US 290 and Beltway 8. The submarket currently reports occupancy rates in the 94% range. The neighborhood is a mixture of residential, commercial, and industrial property types. The area has good access with respect to employment, shopping, and medical facilities, and the school district is well-respected. The Sam Houston Parkway traverses the neighborhood and provides good access to all the major freeway systems of Houston. The predominant property type within the area is industrial, with most of these properties located on the streets within the neighborhood such as FM 529, Brittmoore Road and Tanner Road, or in deed-restricted industrial parks along the Sam Houston Parkway. There has been a modest amount of retail and industrial development in the neighborhood over the past few years. The neighborhood is well located with respect to major traffic carriers, and it is in Houston's western growth pattern. Due to the industrial nature of the neighborhood, real estate activity is expected to remain stable in the near future. This 13,248 SF building on 1.578 acres was owner occupied in the front and leased in the back. The owner operated a fishing rod company in the front portion of the building and is vacating. The tenant in the back portion of the building is on a month-to-month lease. The current tenant does primarily upholstery work on vehicles, boats and RV’s.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

Water - Well, Sewer - Septic Field

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.58

LAND SF

68,825

ZONING

-

APN/PARCEL ID

0640150000480

ASK ABOUT THIS PROPERTY

Melanie HoltonWe Manage PropertiesMore Info
979-421-6468

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

Melanie HoltonWe Manage PropertiesMore Info
979-421-6468

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