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7587 Highway 75 S 229,176 SF Industrial Building Huntsville, TX 77340 $26,470,000 ($115.50/SF) 7.75% Cap Rate
Executive Summary
Kwekel Companies is pleased to offer the sale leaseback of Weatherford International’s 229,176 square foot industrial building located on a 35 acre site. Weatherford International (NASDAQ:WFRD) will execute a new 6 year absolute NNN lease at closing.
Property Facts
| Price | $26,470,000 | Lot Size | 20.00 AC |
| Price Per SF | $115.50 | Rentable Building Area | 229,176 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.75% | Year Built | 1982 |
| Sale Condition | Sale Leaseback | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 4 |
| Building Class | B |
| Price | $26,470,000 |
| Price Per SF | $115.50 |
| Sale Type | Investment NNN |
| Cap Rate | 7.75% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 20.00 AC |
| Rentable Building Area | 229,176 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Tenancy | Single |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 4 |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $11,861,100 | |
| Land Assessment | $456,730 | Total Assessment | $12,317,830 |
Property Taxes
Parcel Numbers
Land Assessment
$456,730
Improvements Assessment
$11,861,100
Total Assessment
$12,317,830
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7587 Highway 75 S
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