Log In/Sign Up
Your email has been sent.
Hicks Business Park 7400-7450 FM 2449 56,934 SF 59% Leased Industrial Building Ponder, TX 76259 For Sale
Investment Highlights
- In Place Cash Flow
- FM 156 Frontage and Gated Access
- Located in the ETJ
Executive Summary
The Hicks Business Park offers an opportunity for both Owner Users and Investors alike. Existing cash flow on five leased buildings, totaling 33,830 SF, offer immediate revenue to an Owner User or Investor. Owner Users can occupy up to 23,104 of the leasable SF across two vacant buildings. There is additional value add potential for investors by leasing vacant buildings on NNN leases and converting existing gross leases to NNN as they roll. Adjacent vacant land could potentially offer paths to future development.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 11.10 AC |
| Property Type | Industrial | Rentable Building Area | 56,934 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | B | Year Built | 2009 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 11.10 AC |
| Rentable Building Area | 56,934 SF |
| No. Stories | 1 |
| Year Built | 2009 |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Doubles Baseball
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
- -
- House of Carts
- Retailer
-
99,999 SF
- -
- -
- Titus Transport
- Transportation and Warehousing
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Doubles Baseball | Arts, Entertainment, and Recreation | 99,999 SF | - | - | ||
| House of Carts | Retailer | 99,999 SF | - | - | ||
| Titus Transport | Transportation and Warehousing | 99,999 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Two-stories of office finish (±12,189 SF) with ±5,000 SF attached warehouse.
5,915 SF warehouse with ±425 SF office (2 offices + restroom) and (2) grade-level overhead doors.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Building 1 | 17,189 SF | Flex | Full Build-Out | 30 Days |
| 1st Fl - Building 5 | 5,915 SF | Industrial | Full Build-Out | Now |
1st Fl - Building 1
| Size |
| 17,189 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl - Building 5
| Size |
| 5,915 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - Building 1
| Size | 17,189 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | 30 Days |
Two-stories of office finish (±12,189 SF) with ±5,000 SF attached warehouse.
1st Fl - Building 5
| Size | 5,915 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
5,915 SF warehouse with ±425 SF office (2 offices + restroom) and (2) grade-level overhead doors.
1 1
Property Taxes
| Parcel Number | R582538 | Improvements Assessment | $3,316,702 |
| Land Assessment | $483,298 | Total Assessment | $3,800,000 |
Property Taxes
Parcel Number
R582538
Land Assessment
$483,298
Improvements Assessment
$3,316,702
Total Assessment
$3,800,000
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Hicks Business Park | 7400-7450 FM 2449
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.