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1222 Frankie 1222 Frankie St 9,800 SF Industrial Building Houston, TX 77015 $1,699,000 ($173.37/SF) 8.15% Cap Rate
EXECUTIVE SUMMARY
Great user operator facilities for heavy equipment repair and servicing.
PROPERTY FACTS
| Price | $1,699,000 | Rentable Building Area | 9,800 SF |
| Price Per SF | $173.37 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1980 |
| Cap Rate | 8.15% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.57/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 8 |
| Lot Size | 1.00 AC | ||
| Zoning | F1 - Real Commercial | ||
| Price | $1,699,000 |
| Price Per SF | $173.37 |
| Sale Type | Investment NNN |
| Cap Rate | 8.15% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 9,800 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 3.57/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | F1 - Real Commercial |
AMENITIES
- Fenced Lot
- Floor Drains
- Signage
- Yard
- Storage Space
UTILITIES
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Electric
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 9,800 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 9,800 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 9,800 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Houston
2,325,502
19
0 h 27 m
Austin
964,254
178
3 h 22 m
San Antonio
1,532,233
212
3 h 52 m
Dallas
1,345,047
256
4 h 34 m
Fort Worth
895,008
273
5 h 0 m
Memphis
650,618
584
10 h 46 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
702,645
Total Labor Force
348,084
Unemployment Rate
5.97%
Median Household Income
$48,885
Warehouse Employees
64,510
High School Education Or Higher
71.10%
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $726,521 | |
| Land Assessment | $315,000 | Total Assessment | $1,041,521 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$315,000
Improvements Assessment
$726,521
Total Assessment
$1,041,521
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1222 Frankie | 1222 Frankie St
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