For Sale
$3,300,000

11407 Charles Rd Jersey Village, TX 77041

22,813 SF Warehouse, $3.3M

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 22,813-square-foot warehouse, situated on 1.5 acres in Jersey Village, Texas, presents a compelling investment opportunity. Built in 1997 and renovated in 2015, the property boasts a 16-foot clear height ceiling, five grade-level doors, and ample paved outside storage (approximately 0.25 acres). The warehouse features approximately 1,700 square feet of office space, including a shop office with quality control and tool room areas. Utilities include a water well and septic system, compressed air, and 3-phase, 480V power. The warehouse space is fully insulated and equipped with LED lighting and HVAC. The property enjoys convenient access to major roadways, including FM 529, US 290, and Beltway 8. A five-year lease commenced April 1, 2024, at a net-net rate of $0.76 per square foot per month, with 4% annual escalations, expiring March 31, 2029. The asking price is $3,300,000, representing a 6.5% cap rate based on a December 31, 2024 closing. This property offers a strong combination of functional space, modern amenities, and a secure lease, making it an attractive investment for discerning buyers. The property is located at 11407 Charles Road, Jersey Village, TX 77041.

Highlights

  • 5-year lease commenced April 1, 2024.
  • $0.76/SF/month NNN rent in year one.
  • 4% annual lease escalations.
  • Net-Net lease.
  • Lease expiration: March 31, 2029.

Property Details for 11407 Charles Rd

Property type
Warehouses, Industrial properties
Square Feet
22,813 SF
Year Built/Renovated
1997/2015
Buildings
1
Stories
1
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Jersey Village
County
Harris
State
Texas
Latitude
29.8826367
Longitude
-95.5803377

FAQs

What type of property is this?
Warehouse - 22,813 SF Warehouse, $3.3M
Where is the warehouse located?
The property is located at 11407 Charles Rd Jersey Village, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 5-year lease commenced April 1, 2024.; $0.76/SF/month NNN rent in year one.; 4% annual lease escalations.
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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11407 Charles Rd
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