! Call For Offers Due EOB Nov 6th // Corporate Sale-Leaseback Opportunity

Description:

Colliers is pleased to exclusively offer 1616 Gears Road, a single-tenant, manufacturing campus on 16.68 acres in North Houston. The property is strategically located in between TC Jester Blvd and Greens Parkway providing excellent access to Beltway 8, I-45 North, and the Hardy Toll Road and is fully occupied by W-Industries, Inc. The subject property consists of two manufacturing facilities and two office buildings totaling 215,474 SF on 16.68 acres. The manufacturing facilities are crane served up to 40-ton and have up to 50’ clear heights. The property is ideal for an investor given the property can easily be subdivided with multiple points of ingress and egress.




Investment Highlights

Pricing: $27,358,247
Cap Rate: 7.75%
Tenant: CSE W-Industries, Inc.
Occupancy: 100%


Asset Highlights

Total Size: + 215,474 SF on + 16.68 Acres
Total Office Size: + 23,856 SF
Property Type: Industrial Manufacturing
Crane Capacity: (12) Overhead cranes ranging from 10-ton to 40-ton with up to a 38' hook height
Year Built: 2009 - 2022
County: Harris

! Call For Offers Due EOB Nov 6th // Corporate Sale-Leaseback Opportunity

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