Spring Branch Office Warehouse
$1,895,000
4717 Gessner Road, Houston, TX 77041
Cap Rate
N/A
Square Feet
79922
Year Built/Renovated
1967
INVESTMENT HIGHLIGHTS
• Large 1.83 Acre Parcel in Rapidly Growing Spring Branch Submarket
• ± 490 Feet of Frontage on Gessner Road
• Nine Truck-High Bays
• Ample Parking and Land for Additional Development
• Large Monument Sign Fronting Gessner Road
• Business Not Included in Sale
• Equipment Not Included in Sale But May Be Available for Purchase for Additional Consideration
• 92,991 Population Within Three Miles with an Average Household Income of $75,565
PROPERTY DESCRIPTION
Marcus & Millichap is pleased to exclusively offer for sale Spring Branch Office Warehouse, located at 4717 Gessner Road, 4716 Steffani Lane, and 4718 Steffani Lane in Houston, Texas. The offering consists of fee simple ownership of four properties, which consist of 79,922 square feet of land and 13,323 square feet of improvements. The office warehouse is for sale for $1,895,000.
Spring Branch Office Warehouse features 2,000 square feet of office space and 10,000 square feet of warehouse shop space.
The Property is located in the heart of Spring Branch District, which is one of Houston’s fastest growing submarkets. North Gessner Road is seeing substantial growth, along with residential and commercial development increasing around the property. The facility also benefits from being in close proximity to Highway 290, Beltway 8, Interstate 10, and I-610.