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14014 Interdrive E
Houston, TX 77032
Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 10,100 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | B | Year Built | 1992 |
| Lot Size | 0.64 AC | Clear Ceiling Height | 18’ |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.64 AC |
| Rentable Building Area | 10,100 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Clear Ceiling Height | 18’ |
ABOUT 14014 INTERDRIVE E , HOUSTON, TX 77032
The building is currently occupied by Cryogenics Industries. Cryogenic Industries (now a member of Nikkiso, Co. Ltd.) is one of the world's leading manufacturers of engineered cryogenic gas processing equipment and small-scale process plants for the liquefied natural gas (LNG), well services and industrial gas industries. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Cosmodyne and Cryoquip and a commonly controlled group of approximately 25 operating entities, including Rhine Engineering (India), ACD Cryo (Europe), Cryoquip Australia, Cryoquip - U.K, and Cryogenic Industries Service Companies. Cryogenics was purchased by Nikkiso, Co. Ltd in August 2017. It has occupied the building since 2000. There are seven years left on the lease. The rents are considered to be below market rents. As such, the property is being offered for sale on a 11.40% cap rate on a NOI of $76,986.
PROPERTY TAXES
| Parcel Number | 1162020000040 | Improvements Assessment | $610,943 |
| Land Assessment | $139,965 | Total Assessment | $750,908 |
PROPERTY TAXES
