10070 Veterans Memorial DrHouston, TX 77038

For Sale
$3,700,000

Prime location, high traffic, owner financing.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 24,300-square-foot industrial property, built in 2017 and renovated in 2022, presents a lucrative investment opportunity in Houston, Texas. Located at 10070 Veterans Memorial Drive, this auto shop and warehouse boasts 7,800 square feet of net rentable space, situated on a 2.07-acre lot. The property features five drive-in bays equipped with lifts, an enclosed office/reception area, and a covered open repair area for additional capacity. Ample storage and inventory space is available, along with extensive paved parking (20,800 sq ft) and excellent signage opportunities. The building benefits from 135 feet of frontage on Veterans Memorial Drive, providing exceptional visibility and accessibility from Forestburg Drive. Its strategic location within a high-density residential and commercial area ensures a captive market and easy access to major freeways including Beltway 8 (1.5 miles), I-45 (1.8 miles), and SH249 (under 3 miles). High daily traffic counts on surrounding roadways further enhance its appeal. The property is situated in Harris County, within the Aldine ISD, and enjoys a favorable tax rate. Owner financing is available for qualified buyers with a $1.5 million down payment. This turnkey operation is ideal for an established business or a savvy investor seeking a high-return asset in a prime Houston location.

Highlights

  • $3,700,000 asking price for this 24,300 square foot industrial/retail property.
  • Excellent visibility with 135 feet of frontage on Veterans Memorial Drive, accessible from Forestburg Drive.
  • Located in a high-density residential and commercial area with easy freeway and retail access.
  • Features a new 9,000 SF building (completed 2022) with five drive-in bays, lifts, an office/reception area, and covered repair space.
  • Offers ample storage, signage opportunities, and parking on a 20,800 SF paved area; 7,800 SF net rentable.
  • Owner financing available with a $1.5 million down payment.

Property Details for 10070 Veterans Memorial Dr

Property type
Other warehouses, Other retail properties
Square Feet
24,300 SF
Year Built/Renovated
2017/2022
Lot Size (sq. ft)
90,169 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.9166885
Longitude
-95.4428526
10070 Veterans Memorial Dr, Houston, Texas

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10070 Veterans Memorial Dr
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