9730 Telephone Rd Houston, TX 77075
Modern industrial space, high occupancy.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 366
Property Features for 9730 Telephone Rd
General Information
- Property type
- Distribution properties
- Square Feet
- 46,200 SF
- Lot Size
- 181,907 SF
Building Details
- Year Built
- 2019
- Buildings
- 3
- Stories
- 1
HighLights
- 79% Occupancy.
- 1.71‑Year Weighted Average Lease Term (WALT).
- Triple Net (NNN) leases, except for Suite B‑4, which is on a gross lease.
- Nine tenants with spaces ranging from 2,100 to 8,400 square feet.
- 6.00% Cap Rate based on current Net Operating Income (NOI).
- 8.24% Stabilized Cap Rate at 100% occupancy.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.2869298
- Latitude
- 29.6243519