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700 Plastics 45,000 SF Industrial Building Houston, TX 77020 $5,748,746 CAD ($127.75 CAD/SF) 5.54% Cap Rate



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 | Lot Size | 4.99 AC |
| Price Per SF | $127.75 CAD | Rentable Building Area | 45,000 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 5.54% | Year Built | 1977 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.53/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 40’ |
| Building Class | B |
| 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
| Parcel Number | 0402630000133 | Improvements Assessment | $2,895,424 CAD |
| Land Assessment | $1,185,760 CAD | Total Assessment | $4,081,184 CAD |
Property Taxes
Parcel Number
0402630000133
Land Assessment
$1,185,760 CAD
Improvements Assessment
$2,895,424 CAD
Total Assessment
$4,081,184 CAD
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Presented by
Scarlet Capital
700 Plastics
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