8003 Miller Road 2 - Manufacturing FOR SALE


Houston, TX 77049
$3,100,000 USD
713-503-1027
8003 Miller Road 2, Houston, TX for Sale
$3,100,000 USD
Manufacturing - FOR SALE
1/2
null | 5.37% Cap Rate

8003 Miller Road 2
Houston, TX 77049


OVERVIEW

Investment Summary: Tenant: Federal Steel Supply, LLC Commenced: October 1, 2024 Expiration: September 30, 2029 Renewal Option: Tenant has (1) 5-year Renewal Option at the then FMV Lease Type: Modified Gross Rate: $19,500/Month (Modified Gross) Increases: 3% Annually Holdover: 150% RE Taxes: Tenant shall pay any amount of RE Taxes more than 105% for the 2023 tax year (Landlord is responsible for a maximum of $67,500/Year) Insurance: Tenant Responsibility CAM: Tenant Responsibility

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

5.37%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

UTILITIES

Water, Sewer

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12

LAND SF

522,720

ZONING

N/A

APN/PARCEL ID

0502220000149

ASK ABOUT THIS PROPERTY

Will ClayJLLMore Info
713-503-1027

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Will ClayJLLMore Info
713-503-1027

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