12734 Tanner Road, Houston, TX 77007

12734 Tanner Road,Houston, TX 77007

Offered at: SOLD

Square Feet: 256,473
Year Built: 1995
Lot Size: 5.88 acre
Direct: 303.888.8900
Office: 720.733.8888

12734 Tanner Road,Houston, TX 77007

Property Information for 12734 Tanner Road,Houston, TX 77007
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DESCRIPTION
57,653 +- Warehouse

ADDITIONAL PHOTOGRAPHS

Tanner Road Area Map
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LOCATION
12734 Tanner Rd. (Tanner Rd. & North Eldridge Parkway, Houston, TX)

PRICE
$4,450,000

TAXES
$60,646.38

BUILDING SIZE:
57,653 SF

PRICE/SQ. FT.
$77.19

PROPERTY TYPE
Industrial

PROPERTY SUB-TYPE
Manufacturing

ADDITIONAL SUB-TYPES
Warehouse, Distribution Warehouse

PROPERTY USE TYPE
Net Lease Investment with 5 years left on lease

COMMISSION SPLIT
3%

CAP RATE
9.64%

OCCUPANCY
100%

NO. STORIES
1

TENANCY
Single

YEAR BUILT
1992

CLEAR CEILING HEIGHT
26 ft.

NO. DRIVE-IN / GRADE-LEVEL DOORS
8

LOT SIZE
5.89 AC

APN / PARCEL ID
382780000017

FEATURES

  • Fenced Yard
  • Trailer Parking
  • Cranes
  • Electricity/Power

SUMMARY
The total facility is +/- 57,653 square feet. The property consists of +/- 5,303 sf of office and +/- 52,350 sf of light-medium manufacturing and fabricating facilities, including warehouse space. Office space is two-stories and the second floor offices view the warehouse. The building consists of 8 overhead cranes and 12 jib cranes throughout the warehouse area. The facility has two 55 ft. wide bays and drive through capability.

The subject land is 5.89+- acres. There is 40+ parking spaces (front and side) and a large concrete outside storage yard. The Property is leased to Specialized Pipe Services Inc (which is owned by Wyman Gordan a subsidiary of PPC Energy Group) Thru Nov 30, 2014 It is being occupied by Osies Inc. as a subleesee which.welds steel metal skids, pipes, and/or vessels.

LOCATION DESCRIPTION
The subject property is located in Northwest Houston. Easy access to I-10 West, W Sam Houston Beltway 8 N and Northwest Fwy (290). Minutes from major highway, tollway and interstate. Cap rate is based on Dec 2010-Dec 2011 Monthly Base rent.



  • Address: Houston, Texas