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Investment Highlights

  • low to medium coverage
  • high clears

Executive Summary

Lease in-place until 2031 with contracted rent bumps.

Property Facts

Price $5,748,746 CAD
Price Per SF $127.75 CAD
Sale Type Investment NNN
Cap Rate 5.54%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 4.99 AC
Rentable Building Area 45,000 SF
No. Stories 1
Year Built 1977
Tenancy Single
Parking Ratio 0.53/1,000 SF
Clear Ceiling Height 40’

Amenities

  • Fenced Lot
  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0402630000133
Land Assessment
$1,185,760 CAD
Improvements Assessment
$2,895,424 CAD
Total Assessment
$4,081,184 CAD
  • Listing ID: 39935209

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 700 Plastics, Houston, TX 77020

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