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Industrial Portfolio with NNN Leaseback
For Sale
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3810 Underwood Rd, Deer Park, TX 77536

The portfolio is structured for full occupancy at closing through a corporate-guaranteed leaseback.

Property Size174,026 SF
Lot Size81.54 Acres
Days on Market144

Property Features for 3810 Underwood Rd

General Information

Standard status Active
Size 174,026 SF
Lot size 81.54 Acres
Property subtype Industrial
Occupancy 100%

Building Details

Buildings 10
Listing Agency: Stream Realty Partners Houston
Listed By: Cary Latham · License #Texas - 703358
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 8:26AM

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 Stream Realty Partners Houston

Investment Insights

Based on property information with market context.

This offering includes 10 single-tenant industrial properties totaling 174,026 square feet across 81.54 acres. The assets are located in Houston, Port Lavaca, Freeport, Clute, and Orange, Texas, with the listed property address at 3810 Underwood Rd in Deer Park. Occupying operations include Hi-Tech Industrial Services, Testengeer Incorporated, McGill Maintenance & Fabrication, Civil Mechanical Incorporated, and Wolfenson Electric, all subsidiaries of Taurus Industrial Group.

The portfolio is arranged as a sale-leaseback with 100% occupancy at closing. Taurus Industrial Group will guarantee the leases for ten years after escrow closes, with NNN lease terms and 3.00% annual rental increases. The properties are positioned near petrochemical, chemical manufacturing, and refining facilities, including operations associated with The Dow Chemical Company, Fluor Corporation, The John Wood Group, Phillips 66, and BASF Corporation.

Key Highlights

  • 10 single‑tenant industrial properties totaling 174,026 square feet
  • Combined land area of 81.54 acres across the portfolio
  • 100% occupied at closing through a sale‑leaseback structure

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Dental Office Hair Salon Law Firm Real Estate Agency Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby

Demographics for 77536, TX

33,693
Population
12,086
Households
2.8
Avg Household Size
37
Median Age
26%
College-Educated
91%
High-School Grad
9.8 sq mi
ZIP Area
3,438
Density / Sq Mi
$96,297
Median Household Income
$49,817
Median Earnings
$1,344
Median Rent
$238,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - The portfolio is structured for full occupancy at closing through a corporate-guaranteed leaseback.
Where is this industrial property located?
The property is located at 3810 Underwood Rd Deer Park, TX.
What are key features of this property?
This property features: 10 single‑tenant industrial properties totaling 174,026 square feet; Combined land area of 81.54 acres across the portfolio; 100% occupied at closing through a sale‑leaseback structure
More about this property
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