632 Northew StHouston, TX 77091

This Houston, Texas industrial property presents a compelling owner-user or investment opportunity. Located at 632 Northew St, in Harris County, zip code 77091, this Class C warehouse boasts a total of 20,575 square feet of space, spread across three buildings. Building A offers 5,891 square feet of combined office and warehouse space, while Building B provides 4,684 square feet of dedicated warehouse area. Building C, a 10,000 square foot office space, is currently leased. The property sits on a 1.17-acre lot and features an 18-foot ceiling height. Built in 1996, this multi-tenant property is offered at $2,366,125, translating to $115 per square foot. The lease type is Absolute NNN. Its strategic location provides quick access to major thoroughfares including I-45, SH 249, and the Hardy Toll Road, enhancing its appeal and accessibility. At 25% occupancy, the property generates a net operating income (NOI) of $55,000. This presents significant upside potential for investors seeking to increase occupancy and maximize returns.