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Building D 8717 Humble Westfield Rd 5,950 SF Industrial Building Humble, TX 77338 $1,095,000 ($184.03/SF) 7.35% Cap Rate
Executive Summary
Established local business that has been operating for several years - very profitable and steadily growing.
Triple Net (NNN) Lease - 3 year
Recent Construction - The building is one of several in a deed restricted business park, constructed in 2016 and features modern stone and stucco store fronts.
Attractive Rental Increase to Hedge Against Inflation -The lease will feature a one time – 3.00% increase halfway through the 3-year term.
Excellent Semi-retail location near US 59 and FM 1960- The subject property has signage rights on busy FM 1960 to provide more of a retail identity
Triple Net (NNN) Lease - 3 year
Recent Construction - The building is one of several in a deed restricted business park, constructed in 2016 and features modern stone and stucco store fronts.
Attractive Rental Increase to Hedge Against Inflation -The lease will feature a one time – 3.00% increase halfway through the 3-year term.
Excellent Semi-retail location near US 59 and FM 1960- The subject property has signage rights on busy FM 1960 to provide more of a retail identity
Property Facts
| Price | $1,095,000 | Rentable Building Area | 5,950 SF |
| Price Per SF | $184.03 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2018 |
| Cap Rate | 7.35% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.69/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 23’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 5.37 AC | ||
| Zoning | None | ||
| Price | $1,095,000 |
| Price Per SF | $184.03 |
| Sale Type | Investment |
| Cap Rate | 7.35% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.37 AC |
| Rentable Building Area | 5,950 SF |
| No. Stories | 1 |
| Year Built | 2018 |
| Tenancy | Single |
| Parking Ratio | 2.69/1,000 SF |
| Clear Ceiling Height | 23’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | None |
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Kilgore Engineering
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Kilgore Engineering | Professional, Scientific, and Technical Services | - | - | - |
1 1
Property Taxes
| Parcel Number | 1269950010007 | Improvements Assessment | $561,056 |
| Land Assessment | $71,868 | Total Assessment | $632,924 |
Property Taxes
Parcel Number
1269950010007
Land Assessment
$71,868
Improvements Assessment
$561,056
Total Assessment
$632,924
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Building D | 8717 Humble Westfield Rd
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