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1222 Frankie St 9,800 SF Industrial Building Houston, TX 77015 $1,699,000 ($173.37/SF) 8.15% Cap Rate
Investment Highlights
- Two well-supported industrial facilities offering 3-phase power, a 20-foot clear height, a fenced truck yard, 8 drive-in bays, and a renovated house.
- Adjacent to Interstate 10 with excellent regional access throughout the Texas Triangle, with Fort Worth being the farthest at 270 miles away.
- Streamline logistics with swift connections to William P. Hobby Airport, 17.3 miles away, and the George Bush Intercontinental Airport, 24 miles away.
- Nearby services such as truck stops, fuel stations, auto repair, tire/parts shops, equipment rental, industrial supply, mechanics, and welding shops.
Executive Summary
1222 Frankie Street is a compelling opportunity to lease 9,800 square feet of industrial space across two facilities (7,200 and 2,600 square feet), plus a newly renovated 1,250-square-foot house. This site is fully equipped to support vast industrial operations, with 3-phase power, 8-foot to 16-foot bay doors, and 20-foot clear heights. Additionally, there is easy access for 18-wheelers, a partially fenced and gated truck yard, plus eight roll-up doors for optimal efficiency.
1222 Frankie Street is directly accessible right off the exit ramp of Interstate 10 with quick access to the on-ramp, as well as 1.6 miles from the Sam Houston Tollway (Beltway 8), and 13 miles from Interstate 45 North. Leverage the short distance to both William P. Hobby Airport and George Bush Intercontinental Airport to streamline logistics and operations. 1222 Frankie Street offers unmatched regional access, with Downtown Houston just 12.6 miles away and excellent connections to each point within the Texas Triangle, all accessible within a day’s drive. For commuters, reach the site easily with the nearby Freeport at Nimitz bus stop via the Harris County Transit System. Numerous services to aid operations are nearby for employees and fleet operators alike, including supply stores and local mechanics. In the immediate vicinity, enjoy reputable, nationally recognized conveniences, including Sam’s Club, The Home Depot, Planet Fitness, Starbucks, Chick-fil-A, Chipotle, and more.
1222 Frankie Street is directly accessible right off the exit ramp of Interstate 10 with quick access to the on-ramp, as well as 1.6 miles from the Sam Houston Tollway (Beltway 8), and 13 miles from Interstate 45 North. Leverage the short distance to both William P. Hobby Airport and George Bush Intercontinental Airport to streamline logistics and operations. 1222 Frankie Street offers unmatched regional access, with Downtown Houston just 12.6 miles away and excellent connections to each point within the Texas Triangle, all accessible within a day’s drive. For commuters, reach the site easily with the nearby Freeport at Nimitz bus stop via the Harris County Transit System. Numerous services to aid operations are nearby for employees and fleet operators alike, including supply stores and local mechanics. In the immediate vicinity, enjoy reputable, nationally recognized conveniences, including Sam’s Club, The Home Depot, Planet Fitness, Starbucks, Chick-fil-A, Chipotle, and more.
Property Facts
| Price | $1,699,000 | Rentable Building Area | 9,800 SF |
| Price Per SF | $173.37 | No. Stories | 1 |
| Sale Type | Investment or Owner User | 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 or Owner User |
| 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
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 St
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