Description

The 36 BUSINESS PARK, located at 9210 Highway 36, in Needville, Texas, comprises three multi-tenant flex office/warehouse buildings totaling 24,000 SF on 6.48 acres. The property has outstanding visibility and access on Highway 36, approximately five miles south of I-69/US 59 and one mile south of the Spur 10/Highway 36 intersection. It is in the midst of the development of thousands of rooftops and in the path of growth in unincorporated Fort Bend County. This Value-Add investment includes ±3 acres of development-ready land with preliminary plans for a Boat & RV Storage park.

This exceptional offering provides a solid, immediate return on investment while also providing substantial upside from further development.

Investment Highlights

• Stabilized Multi Tenant Industrial Flex Property in a high-growth submarket of Houston, TX MSA 

• Immediate value-add opportunity to increase occupancy and NOI

• Value-add development potential with conceptual/preliminary Phase II plan for ±100 unit Boat/RV storage park

• Frontage on Hwy 36 that is currently being expanded and soon to be completed

• Unincorporated property in the midst of growth from Rosenberg, known as “The Hub of the Gulf Coast” due to its strategic location and convenient access to Port of Freeport and the Port of Houston

• 1 mile south of Spur 10

• 5 miles south of US 59/I-69, Satya 37-acre mixed-use development, and the 195,000-SF, $120 million Fort Bend County EpiCenter multi-use center

• 5 miles from Hines’ 850-acre Brookewater master-planned community, including 2400 single-family homes

• 800 single-family lots have been planned/approved in the Needville area.

• 10 miles west of Signorelli Company’s Austin Point, a 4,900 acre master planned community that will accommodate 50,000+ residents upon completion

• Thousands of new rooftops planned or recently constructed in the Rosenberg area

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