For Sale | Flex/Industrial Investment Opportunity
4141-4147 Greenbriar Drive Stafford, Texas 77477
- 24,874 Square Feet
- For Sale
Located on Greenbriar in Greenbriar Southwest Business Park with good access to the Southwest Freeway, Beltway 8, and Highway 90A. Key Map 569 K.
Area Available: 24,874 Square Feet
Well located within Freeport Southwest Business Park. Easy access to Hwy 90A and US 59 via S. Kirkwood Rd.
Tiltwall Construction, 100% HVAC, Dock-high rear load facility. 16' Clear, 300 amps of power.
Landlord spent (1) approximately $35,000 in 2018 on upgrades to facility; replaced and rewired all wall park lighting, painted building, cleaned and re-striped parking lot. (2) Approximately $52,000 in 2017 in HVAC replacement & repairs.
Property benefits from stabilized occupancy - 100%. The tenants have strong financial commitment to building through significant build-out. Two (2) tenants have occupied the premises 10+ years and the third, since 2015.
$1,687,000 - 8.3% CAP
- 100% Occupancy
- (3) Three Tenants
- Industrial Gross Leases - Annual Escalations
- 2-4 year Average remaining lease term