3851 Osage St

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3851 Osage St

Houston, TX 77063
Asking Price
$3.90M
Cap Rate
7%
Asset Type
Warehouse Industrial
Class
Class B

What's Special

Industrial | 6.00% CAP | 9,200 SqFt <ul><li>​Automotive Service Facility with Truck Wash</li><li>​Built in 2019</li><li>​9,200 SF Building</li><li>​850 SF Office Space and Mezzanine 2nd Floor</li><li>​Power: Three-Phase</li><li>​Clear Height: 22'</li><li>​Ten Overhead Doors (16x12)</li><li>​Two doors for truck wash and eight bay doors</li><li>​Ingress and egress through Osage St and Jeanetta St</li><li>​Construction: Metal</li><li>​5 Year Term Lease with Option to Renew 5 more yrs</li></ul>

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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.95%
Monthly Payment
$19,295.072
Annual Cash Flow
$-151,540.865

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