14199 Westfair Dr Houston, TX 77041

This ±41,450-square-foot flex warehouse, situated on ±2.755 acres in Northwest Houston's West Outer Loop submarket, presents a compelling sale-leaseback opportunity. Built in 2008, the property boasts a single-story, tilt-wall construction with a 28-foot clear height ceiling. The warehouse space, totaling approximately 10,000 square feet, is climate-controlled, and features four overhead doors (including two dock-high and one grade-level door), plus one semi-dock. Additional features include a ±7,500-square-foot lab/assembly area, a ±7,500-square-foot concrete mezzanine for storage, and ±16,450 square feet of high-end corporate office space. The property also includes a fully sprinklered system, a wrought iron fence with remote-controlled access gates, and ample covered employee parking with lot lighting. The building has a 1000KVa utility service with both 120v and 240v power in all work areas, and two natural gas generators with a pad site for a future third generator. Original building plans allow for expansion by up to 15,750 square feet. The current tenant, Ovation Data Services, a leader in digital transformation solutions with a 45-year history, will lease back the property for ten years on an absolute net lease basis with 3.5% annual rent increases. The property's location offers easy access to major thoroughfares, including US Highway 290, Highway 6, and the Sam Houston Tollway. The West Outer Loop submarket exhibits a low vacancy rate of 5.6%, exceeding the Houston metro average.