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Japhet Warehouse 104 Japhet St 44,900 SF 100% Leased Industrial Building Houston, TX 77020 $6,800,000 ($151.45/SF) 4.74% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Easy access to I10, HWY 59, Loop 610
  • Heavy Power
  • Call for pricing!

EXECUTIVE SUMMARY

44,900sf Office/Warehouse
• +/- 3.11ac of land
• +/-1,000sf Office area
• (1) Dock well, (2) grade level doors
• Fully insulated warehouse
• 3PH/240V/400 Amps
• 22’ Clear Height
• Lease Expires: 04/2026
• Current NOI: $322,238.28
• (2) 3-Year Renewals Following 3% Annual Increases
• Easy access to I10, HWY 59, Loop 610
• Contact Broker for pricing

PROPERTY FACTS

Price $6,800,000
Price Per SF $151.45
Sale Type Investment
Cap Rate 4.74%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 3.11 AC
Rentable Building Area 44,900 SF
No. Stories 1
Year Built 1970
Clear Ceiling Height 22’1”
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning None

AMENITIES

  • Fenced Lot
  • Front Loading
  • Yard

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0402620000102
Land Assessment
$813,612
Improvements Assessment
$1,300,842
Total Assessment
$2,114,454
  • Listing ID: 35262942

  • Date on Market: 3/26/2025

  • Last Updated:

  • Address: 104 Japhet St, Houston, TX 77020

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