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6912 Calhoun Rd 14,569 SF 100% Leased Industrial Building Houston, TX 77021 $1,170,000 ($80.31/SF) 8.46% Cap Rate

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INVESTMENT HIGHLIGHTS

An 8.5% cap rate is a rare opportunity in the Houston area.
3-phase power in 3 units except the last one
Owner can self-manage, minimal management needed.

4 units, recently renovated in 2023.
Gross leases generate approximately $9,400 per month in total rent. 100% occupied
The property is situated near several expanding residential neighborhoods.

EXECUTIVE SUMMARY

The Realty is pleased to present to you a standout industrial flex space at 6912 Calhoun Rd, Houston, TX 77021. Completed in 2023, this property offers a unique investment opportunity with a strong 8.5% cap rate.
While many flex spaces are known for their sleek appearances but lackluster returns, this property defies expectations. It may not be the flashiest on the block, but it delivers impressive financial performance. With a solid 8.5% return, it proves that substantial gains can come from a no-frills, high-performing asset.
This newly constructed facility features 14,596 square feet of versatile space on a 21,825 square foot lot. The building’s modern design includes a steel structure with a half brick and half steel exterior, ensuring both durability and a contemporary look. The flexible layout supports various uses, including showroom and light industrial applications.
Currently fully occupied by four stable tenants, the property offers room for rental increases due to below-market rates, enhancing its investment potential. Located in a rapidly developing area with new residential constructions nearby, it stands to benefit from the increased demand in the surrounding region.
Per Seller, each unit square footage is
-Unit 1: 3,600sqft
-Unit 2: 3,600sqft
-Unit 3: 4,500sqft
-Unit 4: 3,600sqft
Don’t miss your chance to capitalize on this high-return gem in a thriving location. Contact us at trinh@trinhbroker.com or call 832-356-8746
Please use the link below to sign our NDA. Financial information will be available to view upon the receipt of NDA.
https://form.jotform.com/242536872434057
3D tour available below

Offering Memorandum
Operating and Financials

PROPERTY FACTS

Price	$1,170,000	Rentable Building Area	14,569 SF
Price Per SF	$80.31	No. Stories	1
Sale Type	Investment or Owner User	Year Built/Renovated	1962/2023
Cap Rate	8.46%	Parking Ratio	0.96/1,000 SF
Property Type	Industrial	Clear Ceiling Height	18’
Property Subtype	Warehouse General Retail Auto Repair	No. Drive In / Grade-Level Doors	5
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.50 AC
Zoning	X1 - none

Price	$1,170,000
Price Per SF	$80.31
Sale Type	Investment or Owner User
Cap Rate	8.46%
Property Type	Industrial
Property Subtype	Warehouse General Retail Auto Repair
Building Class	C
Lot Size	0.50 AC
Rentable Building Area	14,569 SF
No. Stories	1
Year Built/Renovated	1962/2023
Parking Ratio	0.96/1,000 SF
Clear Ceiling Height	18’
No. Drive In / Grade-Level Doors	5
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	X1 - none