6614 Bourgeois Rd Houston, TX 77066

This 6,300-square-foot industrial property in Houston, Texas, is a single-tenant, net-leased investment opportunity. Built in 2012, the building sits on a 0.46-acre lot and features a 22-foot ceiling height, two 16'x14' grade-level doors, and 3-phase power. The property is currently leased to Eyesite Surveillance, a growing company, under a NNN lease. The lease commenced in May 2016, and the current annual net operating income (NOI) is projected to increase steadily over the next several years, reaching $62,748 by year 10. Recent comparable market rents range from $1.00 to $1.15 per square foot, NNN, suggesting a significant potential for rental income growth upon lease renewal. The approximately 900 square feet of office space complements the warehouse area. This property presents a strong investment opportunity due to its stable tenancy, increasing NOI, and potential for future rental rate appreciation in a robust Houston market. The property is located at 6614 Bourgeois Rd, Houston, TX 77066.