6912 Calhoun Rd Houston, TX 77021

This exceptional Houston industrial property offers a compelling investment opportunity with an 8.52% cap rate. The 14,596 square foot building, renovated in 2023, sits on a 21,825 square foot lot and is currently 100% occupied by four tenants under gross leases. The property features a mix of flex, manufacturing, and warehouse space, ideal for diverse uses. Each unit is separately metered, with unit sizes ranging from 3,600 to 4,500 square feet. The building boasts a steel structure with a contemporary half brick, half steel exterior. The property's strong NOI of $93,486 provides a stable income stream, further enhanced by below-market rental rates offering potential for future increases. Located at 6912 Calhoun Rd, Houston, TX 77021, in Harris County, this Class B, single-story building benefits from its location near expanding residential areas, promising continued growth and demand. The asking price is $1,097,000, translating to $75.16 per square foot and $274,250 per unit. This stabilized investment presents a rare opportunity for significant returns in a thriving Houston market. The property's strong occupancy and recent renovations minimize management needs, making it an attractive option for both seasoned and new investors.