Industrial Space Overview
This property consists of multiple warehouse units located on Fondren Road. Phase I of the development includes seven units ranging in size from 7,000 to 11,200 square feet, with two units already sold. The units feature metal construction with facades, eave heights of approximately 21 to 23 feet, and grade-level and dock well loading. Utilities are provided by the City of Houston, and power is 3-phase. The tax rate is $2.30, and the lease rate for vacant units is $0.85 per square foot (NNN) with a tenant improvement allowance of $10.00 per square foot. The sale price for shell buildings is $105.00 per square foot.
Additionally, there is a separate warehouse rental opportunity at 14911 Fondren Road. This warehouse offers 24,496 square feet of space with a clear height of 24 feet, tilt-wall construction, six dock-high doors, and ample parking. The site is 2.5 acres in size and provides direct access to the I-10 Freeway. The interior features include 2,000 square feet of office space, LED lighting, 480V, 3-phase electrical service, and gas-fired heating and air conditioning. The warehouse also has an ESFR sprinkler system, ample truck court space for loading and unloading, cross-docking capabilities, and nearby rail access. Tenant improvements are negotiable, and the property is ideal for distribution, manufacturing, or storage uses.
Additionally, there is a separate warehouse rental opportunity at 14911 Fondren Road. This warehouse offers 24,496 square feet of space with a clear height of 24 feet, tilt-wall construction, six dock-high doors, and ample parking. The site is 2.5 acres in size and provides direct access to the I-10 Freeway. The interior features include 2,000 square feet of office space, LED lighting, 480V, 3-phase electrical service, and gas-fired heating and air conditioning. The warehouse also has an ESFR sprinkler system, ample truck court space for loading and unloading, cross-docking capabilities, and nearby rail access. Tenant improvements are negotiable, and the property is ideal for distribution, manufacturing, or storage uses.
