5999 W 34th St
Houston, TX 77092
W 34th Business Park · Industrial Property For Sale
Property Facts
| Property Type | Industrial | Rentable Building Area | 22,738 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | C | Year Built | 1980 |
| Lot Size | 1.20 AC | ||
| Zoning | None | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.20 AC |
| Rentable Building Area | 22,738 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | None |
About 5999 W 34TH ST , HOUSTON, TX 77092
Offered at a 8.02% CAP, W. 34th Street Business Park provides an investor an above average return on a stabilized multi tenant industrial property located in the heart of Houston’s top performing northwest industrial submarket. Due to its immediate access to major roads connecting the largest metros in the state of Texas, and the dense population along Highway 290, the northwest submarket has been a hotbed of industrial activity, as major companies such as Amazon have selected the area for substantial operations. Located in a tight submarket with high absorption rates an investor can increase his/her return on W. 34th as leases roll. Currently W. 34th tenants average $5.34/ft NNN, while the submarket average for comparable properties is $8/ft NNN. At $63.33/ft an investor has the opportunity to own a stabilized asset, below replacement costs, in a tight submarket, with immediate upside.
Property Taxes
| Parcel Number | 0590030340006 | Improvements Assessment | $1,265,224 |
| Land Assessment | $335,640 | Total Assessment | $1,600,864 |
Property Taxes
