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17200 Park Row 83,604 SF Industrial Building Houston, TX 77084 $15,500,000 ($185.40/SF)
Investment Highlights
- Fugro (USA) Holdings, LLC seeking at $15,500,000 sales price and willing to negotiate a 15-year net rental rate with escalations with the buyer
- Functional Expansion: Enhanced office, laboratory, and production spaces support operational growth and flexibility
- Code Compliance: The renovation brings the facility up to current building, fire, and environmental codes
- Modernized Infrastructure: New HVAC systems, roofing, and structural upgrades improve building performance and reliability
- Energy Efficiency: Installation of R-25 insulation, TPO/PVC roofing, high-efficiency rooftop units (RTUs), and LED lighting upgrades reduces energy
- Extended Property Lifespan: Major capital improvements significantly extend the useful life of the facility
Executive Summary
Fugro (USA) Holdings, LLC has initiated improvements at its newly acquired operational site in Houston, TX. The building, currently in shell condition, is being transformed into a modern, high-performance facility designed to support Fugro’s core operations. With design and pricing finalized, construction activities are underway to deliver a state-of-the-art environment that enhances functionality and efficiency.
Property Facts
| Price | $15,500,000 | No. Stories | 2 |
| Price Per SF | $185.40 | Year Built/Renovated | 1979/2025 |
| Sale Type | Investment NNN | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.55/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 25’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 4.85 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 83,604 SF | ||
| Zoning | None | ||
| Price | $15,500,000 |
| Price Per SF | $185.40 |
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.85 AC |
| Rentable Building Area | 83,604 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2025 |
| Tenancy | Single |
| Parking Ratio | 4.55/1,000 SF |
| Clear Ceiling Height | 25’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | None |
Amenities
- Fenced Lot
- Property Manager on Site
Utilities
- Water
- Sewer
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Professional, Scientific, and Technical Services
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99,999 SF
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Lorem Ipsum
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Jan 0000
Fugro began in 1962 as a Dutch engineering consultancy specializing in soil mechanics. The company expanded into marine operations during the 1970s oil crisis, developing underwater technologies that became industry standards. Today Fugro operates across energy and infrastructure sectors, providing geological data collection and analysis services. Their work supports offshore wind farms, coastal protection projects, and urban development initiatives worldwide through advanced geospatial solutions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $6,789,303 | |
| Land Assessment | $2,588,770 | Total Assessment | $9,378,073 |
Property Taxes
Parcel Numbers
Land Assessment
$2,588,770
Improvements Assessment
$6,789,303
Total Assessment
$9,378,073
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