6001 Theall RdHouston, TX 77066

For Sale
$3,499,999

19,800 SF Office/Warehouse on 5 Acres

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional value-add opportunity presents a 19,800-square-foot office/warehouse building situated on a 5-acre lot in Houston, Texas, at 6001 Theall Road, in Harris County. The property, built in 2006 and renovated in 2018, features a single-story building with a 26-foot ceiling height and is currently 100% occupied by a long-term tenant under a gross lease, paying $13,800 monthly with less than three years remaining on their lease extension. The asking price is $3,499,999, representing a price per square foot of $135. The land value alone is estimated at $4 per square foot. The property boasts a strong NOI of $120,000. This Class B industrial property is zoned for manufacturing, R&D, and warehouse uses. The site is fully gated and fenced, includes a detention pond, and offers approximately 650 feet of frontage on Theall Road. Its strategic location provides easy access to Beltway 8 (2.5 miles) and SH 249 (2.2 miles). The property was previously engineered for a duplicate building, presenting significant expansion potential. The 2023 tax rate is $1.85 per $100 of assessed value. This fee-simple ownership offers a compelling investment prospect with substantial upside potential. The property is located within a 5-mile radius of a population of 324,189.

Highlights

  • Long-term tenant with less than 3 years remaining on lease extension.
  • $13,800 monthly gross lease.
  • Value-add opportunity.
  • Previously engineered for a second building.
  • Fully gated and fenced property.
  • Existing detention pond.

Property Details for 6001 Theall Rd

Property type
Other warehouses, Life science properties
Square Feet
19,800 SF
Class
B
Year Built/Renovated
2006/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
217,800 SF
Units
1

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.9698661
Longitude
-95.5147389
6001 Theall Rd, Houston, Texas

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6001 Theall Rd
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