Industrial Outdoor Storage Opportunity

Highlights:

• 10,655 SF (Ten 1,040 SF units)
• 3.11 AC (includes covered IOS/boat parking)
• 2017 Built
• All storage units are on MTM leases
• 30 Mins to George Bush/Houston Airport
• Office-warehouse spaces (i.e. units A1 to A10) are on longer term leases (12, 18, or 24 months)

Description:

18207 North Eldridge Parkway is a well-positioned industrial and outdoor storage investment located in Tomball, Texas, along the North Eldridge Parkway corridor near Treetop Hills Lane. The 3.11-acre property is improved with approximately 10,655 SF of office-warehouse space consisting of ten roughly 1,040 SF units, complemented by covered outdoor storage and parking areas suitable for boats, RVs, trailers, and other commercial storage uses. Built in 2017, the Class B property offers a flexible combination of income-producing industrial space and Industrial Outdoor Storage (IOS).

The property benefits from its location within the growing northwest Houston/Tomball market, providing convenient regional access while remaining approximately 30 minutes from George Bush Intercontinental Airport. The diversified tenancy structure combines month-to-month storage leases with longer-term office-warehouse leases ranging from 12 to 24 months, providing both near-term leasing flexibility and a more stable income component. Offered at $4,000,000 with a 5.89% cap rate, 18207 North Eldridge Parkway presents an opportunity to acquire a modern industrial/storage asset in one of the Houston region’s expanding suburban commercial markets.

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