24131 W Hardy Rd | Spring, TX 77373
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24131 W Hardy Rd
Spring, TX 77373
LoneStar Fasteners · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- The property is 100%-leased to LoneStar Fasteners through early 2028 on an absolute net basis.
- LoneStar Fasteners has operated its component manufacturing business at the Property since 2008 and signed a lease guaranty.
- LoneStar Fasteners occupies the entire three-building industrial campus and has expanded its operations at the property several times.
- Prime location two miles to I-45, which southbound leads to the center of Houston and northbound leads to Dallas.
- The facility is in the North submarket of Houston, which posted a Q1 2021 vacancy rate of 7.9%.
- Demand increased to meet the needs of e-commerce from the Port of Houston, which experienced a record number of imports during the first quarter.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1981 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 9.40 AC | Clear Ceiling Height | 20’ |
| Rentable Building Area | 128,742 SF | No. Dock-High Doors/Loading | 3 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 5 |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 9.40 AC |
| Rentable Building Area | 128,742 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Parking Ratio | 1.38/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 5 |
AMENITIES
- Fenced Lot
PROPERTY TAXES
| Parcel Number | 0410850000253 | Improvements Assessment | $4,071,644 |
| Land Assessment | $1,487,124 | Total Assessment | $5,558,768 |
PROPERTY TAXES
Parcel Number
0410850000253
Land Assessment
$1,487,124
Improvements Assessment
$4,071,644
Total Assessment
$5,558,768
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