Available For Sale - Industrial , Warehouse

215,474 SF | Show Pricing $

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LISTED BY

Brenna Leach
Colliers , 713-830-2130
Wes Williams
Colliers International, 713-830-2113
Robert Alinger
Colliers International, 713-830-2167

AVAILABILITY DETAILS

Size
215,474 SF
Price/SF
Show Pricing $
Listing ID
SA555258
Notes
! Call For Offers Due EOB Nov 6th // Corporate Sale-Leaseback Opportunity



North Houston Manufacturing Campus



Colliers is pleased to exclusively offer 1616 Gears Road, a single-tenant, manufacturing campus on 16.68 acres in North Houston. The property is strategically located in between TC Jester Blvd and Greens Parkway providing excellent access to Beltway 8, I-45 North, and the Hardy Toll Road and is fully occupied by W-Industries, Inc. The subject property consists of two manufacturing facilities and two office buildings totaling 215,474 SF on 16.68 acres. The manufacturing facilities are crane served up to 40-ton and have up to 50’ clear heights. The property is ideal for an investor given the property can easily be subdivided with multiple points of ingress and egress.









Investment Highlights



Pricing: $27,358,247

Cap Rate: 7.75%

Tenant: CSE W-Industries, Inc.

Occupancy: 100%





Asset Highlights



Total Size: + 215,474 SF on + 16.68 Acres

Total Office Size: + 23,856 SF

Property Type: Industrial Manufacturing

Crane Capacity: (12) Overhead cranes ranging from 10-ton to 40-ton with up to a 38' hook height

Year Built: 2009 - 2022

County: Harris



! Call For Offers Due EOB Nov 6th // Corporate Sale-Leaseback Opportunity
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brenna Leach, Colliers