This Industrial Property is no longer advertised on LoopNet.com.

1016 Voss Ave
Odem, TX 78370
 Net Leased Property - High Yield · Industrial Property For Sale

Warehouses Texas Odem 1016 Voss Ave, Odem, TX 78370

Investment Highlights

  • Strong In-Place Income: $44,400 NOI with attractive 12.69% CAP Rate
  • Tenant Commitment: Recently renewed 3-year lease term
  • Functional Layout: Retail showroom, office space, warehouse with overhead door and yard area
  • Established Tenant: Spartan Specialty Companies, LLC (La Porte-based company with 25+ years of operating history)
  • Favorable Lease Structure: NNN with tenant responsible for utilities, HVAC service and most maintenance
  • Prime Visibility: Direct frontage on Hwy 77 with 24,700+ VPD per TxDOT

Property Facts

Property Type Industrial Year Built 1979
Property Subtype
Warehouse
  • General Retail Freestanding
  • General Retail Storefront
  • Showroom
 Tenancy Single
Building Class C Parking Ratio 1.11/1,000 SF
Lot Size 0.41 AC Clear Ceiling Height 18’
Rentable Building Area 5,400 SF No. Drive In / Grade-Level Doors 1
No. Stories 1
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
  • General Retail Storefront
  • Showroom
Building Class C
Lot Size 0.41 AC
Rentable Building Area 5,400 SF
No. Stories 1
Year Built 1979
Tenancy Single
Parking Ratio 1.11/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 1

Amenities

  • Signage

Property Taxes

Parcel Number 63768 Improvements Assessment $510,221
Land Assessment $79,253 Total Assessment $589,474

Property Taxes

Parcel Number
63768
Land Assessment
$79,253
Improvements Assessment
$510,221
Total Assessment
$589,474
 

  • Listing ID: 28558105

  • Date on Market: 5/23/2023

  • Last Updated:

  • Address: 1016 Voss Ave, Odem, TX 78370

More public record information on 1016 Voss Ave, Odem, TX 78370

The Industrial Property at 1016 Voss Ave, Odem, TX 78370 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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