9231 Lambright RdHouston, TX 77075

This exceptional investment opportunity presents a 15,300-square-foot Class B industrial warehouse situated on a substantial 5.01-acre lot in Houston, Texas. The property, located at 9231 Lambright Rd, 77075, near Hobby Airport, boasts a 100% occupancy rate with a single corporate tenant under a Net Lease agreement with a corporate guarantee. The lease, commencing November 1, 2021, and expiring January 1, 2027, has approximately 2.1 years remaining, with rent bumps tied to the CPI. The current Net Operating Income (NOI) stands at $198,800, yielding a 5.85% cap rate at the asking price of $3,400,000 ($222.22/SF). The warehouse features 18-foot clear height, a concrete yard with underground drainage, and a detached 4,900-square-foot office building. The property, originally constructed in 1979, underwent renovations in 2021. The tenant, WolfKran, utilizes the facility as its US corporate headquarters and has invested significantly in the property's infrastructure. The inclusion of an additional 1.79 acres of vacant land presents considerable potential for future expansion or development, adding significant upside to this already strong investment. Lease options are available.