222 WYNNE ST

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222 WYNNE ST

HOUSTON, TX 77009
Asking Price
$2.90M
Cap Rate
2.57%
Asset Type
Warehouse Industrial
Class
Class B

What's Special

<p>• 28,748-Square-Foot Industrial Asset Situated on 2.06 Acres</p><p>• Functional Metal Industrial Facility Featuring Five Grade-Level Doors, 18’ Clear Height, And Approximately 3,000 Square Feet Of Office Space</p><p>• Strategically Located Along I-45 in North Inner Loop Submarket with Below-Market 4.3% Vacancy Rate</p><p>• Existing Tenant Occupies 11,008 Square Feet on a Month-to-Month Basis, Providing Near-Term Income with Flexibility for an Owner-User or Investor</p><p>• Occupied by, AztexF

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,347.618
Annual Cash Flow
$-92,171.412

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