Contacts
Gatsby Advisors Brokerage
Property Details
- Property Type Flex Space
- Property Size 8,329 SF
- Lot Size 19,855 SF
- Cap Rate % 7
- Rental Income / YR $175,000.00
- Zoning Commercial
- # of Floors 2
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 2017
- Date Updated Jan 23, 2025
This 8,329 SF industrial warehouse, fully transformed into a modern and functional office space, presents an exceptional opportunity for investors seeking stable, hands-free income. The current owner is offering the property as a sale-leaseback as a single tenant under a absolute NNN lease, ensuring minimal landlord responsibilities and cash flow. With a NOI of $175,000, this turnkey investment combines attractive returns with strong-long term potential. The property boasts a high-quality interior build-out tailored to meet modern office needs, ample parking, and excellent accessibility for employees and visitors. Located in a thriving area with strong demand for industrial-to-office conversions, the property benefits from proximity to complementary businesses and services. Whether you are looking to expand your portfolio or acquire a low-maintenance asset with consistent income, this property offers exceptional value and a unique investment opportunity
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Tenant is an established busines, ssigning a 5-year NNN leaseback.
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Annual NOI of $175,000, generating consistent income. 7.0% cap rate
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Ample parking and excellent location
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Converted industrial warehouse providing a modern, fully functional 8,430 SF office space suitable for a variety of business needs.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Houston, TX
- Neighborhood Eldridge Meadow
- Zip Code 77041
- Market Houston
Points of Interest
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Mobil
1.16 miles
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Exxon
1.20 miles
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Fuel Expo
1.32 miles
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Circle K
1.35 miles
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Citgo
1.60 miles
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Kroger
1.72 miles
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Sam's Club
1.80 miles
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Shell
1.89 miles
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Johnny's
2.15 miles
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Houston, TX - Northwest Freeway Supercharger
4.67 miles
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WFT parking
1.80 miles
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Northwest Station Park & Ride
1.81 miles
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West Little York Park & Ride
3.80 miles
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Church Parking
3.81 miles
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Cy-Fair ISD bus barn
4.33 miles
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Shell Woodcreek Garage 1
6.47 miles
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Addicks Park and Ride
6.70 miles
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Cypress Park & Ride
7.15 miles
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Seton Lake Park & Ride
7.55 miles
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PG6
7.62 miles
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Comfort Inn
1.85 miles
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Quality Suites
1.85 miles
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Palace Inn Copperfield
2.12 miles
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Hyatt Place
2.19 miles
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InTown Suites Extended Stay
2.25 miles
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Best Western Windsor Suites
2.29 miles
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Comfort Suites Houston Northwest Cy-Fair
2.31 miles
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InTown Suites
2.43 miles
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Scottish Inns & Suites
2.46 miles
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Hampton Inn Houston-Northwest
2.47 miles
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Kroger
1.22 miles
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El Rancho
1.96 miles
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Zales Outlet
1.97 miles
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Ross
1.97 miles
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Sprouts Farmers Market
1.97 miles
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dd's Discounts
2.01 miles
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Target
2.03 miles
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Marshalls
2.07 miles
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Food Town
2.11 miles
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Walmart Supercenter
2.29 miles
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.
Gatsby Advisors Brokerage