Income-Producing Industrial Property | NNN Investment & Value-Add Opportunity

Located in Splendora within the growing East Montgomery County market, this property offers an industrial setting suited to contractors, service companies, and equipment-oriented businesses. Its location provides access to the surrounding Montgomery County communities and the greater Houston-area market. The combination of warehouse/shop space and substantial outdoor yard area offers flexibility for businesses requiring both indoor workspace and exterior storage.Excellent opportunity to acquire an income-producing industrial property on approximately 1.659 acres in Splendora, Texas. The 6,010 SF metal building, constructed in 1970, features approximately 1,824 SF of office space and 4,186 SF of warehouse/shop space, with substantial outdoor yard area for equipment storage, contractors, and industrial operations. The property is leased under an absolute net lease, with the tenant responsible for property taxes, insurance, maintenance, and repairs. Current base rent is $3,412.50 per month, plus average monthly fees of approximately $90, generating an estimated annual income of $42,000 and an approximate 7.0% cap rate at the $599,000 asking price. The established tenant occupies the property on a month-to-month basis, offering potential for lease renegotiation, increased rental income, or future owner occupancy. A compelling opportunity for investors seeking existing income and value-add potential.