Investment Overview

The property is a 28,748-square-foot industrial asset situated on 2.06 acres of land. This functional metal industrial facility features five grade-level doors, 18’ clear height, and approximately 3,000 square feet of office space. The facility is well-suited for a variety of industrial uses, including manufacturing, distribution, and storage. The property's location along Interstate 45 in the North Inner Loop submarket provides excellent accessibility and visibility. The area has a below-market 4.3 percent vacancy rate, indicating a strong demand for industrial space. The property's proximity to major transportation routes makes it an attractive option for businesses that require easy access to highways. The property is partially occupied by Aztex Fresh Produce LLC, a wholesale provider to restaurants, supermarkets, convenience stores, meat markets, bars, and residential homes. The tenant currently occupies 11,008 square feet on a month-to-month basis with no scheduled rent escalations. This structure provides in-place income while preserving flexibility for a buyer to either maintain the existing tenancy, negotiate a longer-term lease, occupy the space, or reposition the asset over time. The property offers a partial owner-user or lease-up investment opportunity, with 17,740 square feet of vacant space available. This vacant space can be leased to additional tenants or used by the buyer for their own operations. The property's location and amenities make it an attractive option for a variety of industrial users. The buyer can take advantage of the strong demand for industrial space in the area to lease the vacant space. The property's value can be increased through the lease-up of the vacant space. The buyer can also consider renovating or upgrading the facility to attract new tenants. The property's potential for lease-up and renovation makes it a valuable investment opportunity.