For Sale I Milwee Business Park

For Sale

4901 Milwee St, Houston, TX 77092

This Houston property for sale is located at 4901 Milwee St. Contact the listing broker for details on the current sale price for For Sale I Milwee Business Park. For Sale I Milwee Business Park is situated on a lot that is 1.93 square feet in size.

Contacts

broker
Todd Moore

Colliers

broker
Connor Duffy
broker
Zack Martin

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 38,706 SF
  • Lot Size 1.93 SF
  • Date Updated Mar 24, 2025

Colliers is pleased to exclusively offer to qualified investors the opportunity to acquire 4901 Milwee, a Class B shallow-bay asset located in infill, Northwest Houston just 0.6 miles from U.S. 290.

The 38,706 SF, 2-building park is currently 91% leased and offers an investor the opportunity to invest in strong existing cash flow that offers a value-add opportunity with limited capital expenditures.

 

Investment Highlights:


•    Infill Location: Asset’s infill location positions it in close proximity to population hubs and major thoroughfares like U.S. 290 and the 610 loop
•    3 Year Stabilization Window: 21 months of WALT
•    Below Market Rents: In-place rents are 20% below market; see cash flow assumptions on page 11
•    Limited CapEx Required: The asset has received a significant amount of capital improvements, including all deferred maintenance issues, and a majority of suites are fully renovated
•    Existing Cash Flow: At 91% occupancy and a majority NNN leases, the asset offers stable cash flow with a mark-to-market lease up opportunity
•    Strong Fundamentals: Shallow bay and small suite multi-tenant industrial assets seeing significant rent growth and occupancy with no competing assets under construction within the competitive trade area

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 59/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Houston, TX
  • Neighborhood Oak Forest - Garden Oaks
  • Zip Code 77092
  • Market Houston

Points of Interest

  • Northline Transit Center/HCC

    5.29 miles

  • Melbourne/North Lindale

    5.57 miles

  • Lindale Park

    5.69 miles

  • Cavalcade

    5.84 miles

  • Moody Park

    6.11 miles

  • Quitman/Near Northside

    6.58 miles

  • Fulton/North Central

    6.62 miles

  • Theater District (eastbound)

    7.10 miles

  • Theater District (westbound)

    7.15 miles

  • UH-Downtown

    7.34 miles

  • Corner Food Mart

    0.24 miles

  • Blue Bell Express

    0.28 miles

  • Shell

    0.42 miles

  • Chevron

    0.45 miles

  • Swift

    0.57 miles

  • Mobil

    0.69 miles

  • Antoine Mini Mart

    1.04 miles

  • Blink

    2.57 miles

  • ChargePoint

    4.98 miles

  • Houston, TX - Northwest Freeway Supercharger

    5.50 miles

  • Avis

    0.42 miles

  • Budget

    0.42 miles

  • Enterprise

    1.96 miles

  • Stop 'n Wash

    2.04 miles

  • Dr. Gleem Auto Salon

    2.04 miles

  • Mister Car Wash

    3.30 miles

  • Carisma Car Wash

    3.45 miles

  • Stop n Wash

    4.55 miles

  • H-E-B Car Wash

    4.82 miles

  • Uptown Car Wash

    4.89 miles

  • Little Caesars

    0.19 miles

  • Wingstop

    0.20 miles

  • Sonic

    0.21 miles

  • Jimmy John's

    0.23 miles

  • Mojarra's Seafood

    0.25 miles

  • Taco Bell

    0.25 miles

  • Jason's Deli

    0.27 miles

  • Chipotle

    0.27 miles

  • Red Crab Juicy Seafood and Bar

    0.28 miles

  • Captain Benny's Seafood

    0.31 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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