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1700 E Highway 90a 2,536 SF Industrial Building Richmond, TX 77406 $3,000,000 ($1,182.97/SF) 6% Cap Rate
Investment Highlights
- Covered Land Play
- Excellent Demographics
- Absolute NNN Investment
Executive Summary
Prime Investment Opportunity / Covered Land Play
18.051 acres gross with approximately 10.0 usable acres
8 Year - Absolute NNN Lease - Zero Landlord Responsibilities
18.051 acres gross with approximately 10.0 usable acres
8 Year - Absolute NNN Lease - Zero Landlord Responsibilities
Property Facts
| Price | $3,000,000 | Building Class | C |
| Price Per SF | $1,182.97 | Lot Size | 18.05 AC |
| Sale Type | Investment NNN | Rentable Building Area | 2,536 SF |
| Cap Rate | 6% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1995 |
| Property Subtype | Warehouse | Tenancy | Single |
| Price | $3,000,000 |
| Price Per SF | $1,182.97 |
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 18.05 AC |
| Rentable Building Area | 2,536 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Tenancy | Single |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Living Earth
- Services
- -
- -
- Triple Net
- Dec 2033
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Living Earth | Services | - | - | Triple Net | Dec 2033 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0062-00-000-0190-901 | Improvements Assessment | $306,490 |
| Land Assessment | $497,336 | Total Assessment | $803,826 |
Property Taxes
Parcel Number
0062-00-000-0190-901
Land Assessment
$497,336
Improvements Assessment
$306,490
Total Assessment
$803,826
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1700 E Highway 90a
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