For Lease
$4.32/SF/YR

818 Texas Pkwy Stafford, TX 77477

Spacious Industrial Space, Two Buildings

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 12,807 sq. ft. industrial property, ideally suited for a mechanic, motor inspection, or tire shop, presents a unique investment opportunity. Built in 1960 and extensively renovated in 2024, the property boasts two buildings offering ample space for vehicle parking and maneuverability. The workshop features two functional lifts, available for tenant use at no extra cost. Importantly, the space is not approved for motor body shop operations. The lease offers a stable rental rate of $3800 per month under a triple net lease (tenant pays taxes) for the first two years, followed by a 5% annual increase. To facilitate permit acquisition, one month of free rent is included. Tenants are responsible for securing their own insurance coverage. This single-tenant property represents a strong investment with significant potential for long-term growth. The property's recent renovation ensures modern functionality and efficiency, while its established history as a mechanic workshop provides a ready-made foundation for a successful business. The generous square footage and dual-building layout provide flexibility and ample room for operations and storage. The included lifts represent a significant added value, saving the tenant considerable capital expenditure. The attractive lease terms, combined with the free rent incentive, make this an exceptional opportunity for a discerning investor or business owner.

Highlights

  • 12,807 SF industrial property, single-tenant occupancy.
  • Mechanic workshop, suitable for mechanics, motor inspection, or tire shops; not suitable for body shops.
  • Two buildings with ample vehicle parking and maneuvering space.
  • Recently renovated in 2024; originally built in 1960.
  • Two working lifts included.
  • $3,800/month triple net (tenant pays taxes) for the first two years, with a 5% annual increase thereafter.

Property Details for 818 Texas Pkwy

Property type
Industrial properties
RSF (Rentable sq. ft)
12,807 SF
Year Built/Renovated
1960/2024
Buildings
2

Unit(s) available at that property

Space
Size
12,807 SF
Rate per SF
$4.32

Location Insight

City
Stafford
County
Harris
State
Texas
Latitude
29.6134068
Longitude
-95.5323041

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FAQs

What type of property is this?
Industrial property - Spacious Industrial Space, Two Buildings
Where is the industrial property located?
The property is located at 818 Texas Pkwy Stafford, TX.
What is the lease rate?
The lease rate is $4.32/SF/YR.
What are key features of this property?
This property features: 12,807 SF industrial property, single-tenant occupancy.; Mechanic workshop, suitable for mechanics, motor inspection, or tire shops; not suitable for body shops.; Two buildings with ample vehicle parking and maneuvering space.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Mchuks Enwere
Mchuks Enwere

Learn more

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Texas Pkwy
Stafford, TX 77477

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Texas Pkwy
Stafford, TX 77477

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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818 Texas Pkwy
  • Mchuks Enwere
    Mchuks Enwere
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