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GeoChemicals Investment Opportunity 12030 E Highway 158 8,000 SF Industrial Building Gardendale, TX 79758 $1,300,000 ($162.50/SF) 8.70% Cap Rate
INVESTMENT HIGHLIGHTS
- 8,000 SF on 2.173 Acres
- Tenant has (2) Options to Renew for 3 Years with 5% Yearly Increases
- Tenants Term: 1/1/25-12/31/27
EXECUTIVE SUMMARY
Discover a fantastic investment opportunity with this 8,000 SF industrial property sitting on 2.173 acres and features a shop and office space. The current tenant's lease ends 12/31/27 with (2) options to renew for 3 years with 5% yearly increase. The office includes reception area, four offices including shop office, conference room, workstation, kitchenette/break room, 2 office restrooms, one shop restroom. The shop is designed with a 5-ton crane, wash-bay (50'x25'x14'), shop break room with locker room, two bay doors measuring 20'x16' and 16'x16. Ideal for industrial or service-based businesses.
PROPERTY FACTS
| Price | $1,300,000 | Rentable Building Area | 8,000 SF |
| Price Per SF | $162.50 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2013 |
| Cap Rate | 8.70% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.88/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 2.17 AC |
| Price | $1,300,000 |
| Price Per SF | $162.50 |
| Sale Type | Investment |
| Cap Rate | 8.70% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 2.17 AC |
| Rentable Building Area | 8,000 SF |
| No. Stories | 1 |
| Year Built | 2013 |
| Tenancy | Single |
| Parking Ratio | 2.88/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 2 |
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PROPERTY TAXES
| Parcel Number | 39290-00553-00000 | Improvements Assessment | $750,609 |
| Land Assessment | $60,580 | Total Assessment | $811,189 |
PROPERTY TAXES
Parcel Number
39290-00553-00000
Land Assessment
$60,580
Improvements Assessment
$750,609
Total Assessment
$811,189
ZONING
| Zoning Code | F1 |
| F1 |
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GeoChemicals Investment Opportunity | 12030 E Highway 158
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