Leased Freestanding Industrial
16271 North Fwy Houston, TX 77090
16271 North Fwy, Houston, TX, 77090
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For Sale
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5,400 SF leased industrial building with office space for sale.
Property Size5,400 SF
Price / SF$314.81
Days on Market60
Property Features for 16271 North Fwy
General Information
- Standard status
- Active
- Size
- 5,400 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2022
Listing Agency
Lee & Associates - Houston
Listed by
Felipe Rodriguez · License #751084
Source
Crexi
Added: May 20 Checked: Jul 17 at 5:51 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Houston
Investment Insights
Based on property information with market context.
A 5,400 square foot freestanding industrial building is available for purchase. The property includes approximately 700 square feet of office space. The building is currently 100% leased. The property is located in Houston, Texas.
Key Highlights
- 100% Leased Investment Property
- Free Standing Building
- Built in 2022 (New Construction)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.6k | $21.60 |
| − Vacancy | −$32.7k | −$6.05 |
| EGI | $84.0k | $15.55 |
| − OpEx | −$21.0k | −$3.89 |
| NOI | $63.0k | $11.66 |
5,400 SF · lease $21.60/SF/yr · vacancy 28.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$899.8K
$787.3K – $1.05M
NOI $62,986 @ 7.0% cap · market cap 3.71%
Second Best
Flex RnD
$803.3K
$702.9K – $937.2K
NOI $56,230 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,200 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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- The Nomad's Kitchen — 15111 Ella Blvd Spot 1, Houston, TX 77090
FAQs
What type of property is this?
Flex space - 5,400 SF leased industrial building with office space for sale.
Where is this flex space located?
The property is located at 16271 North Fwy Houston, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 100% Leased Investment Property; Free Standing Building; Built in 2022 (New Construction)
