2830 FM 565

OLD RVR-WNFRE, TX 77523

Listing ID: 159396
Call for Pricing
For Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 23,657
Description

Midstream Business Park is a fully leased deed-restricted business park that offers an ideal location in Mont Belvieu’s petrochemical corridor. The property sits about 400 feet from the entrance ramp of the Grand Parkway extension that is now under construction.


Property Details
Property TypesIndustrial
Features

  • 100% occupied investment opportunity

  • Tenants reimburse 3% management fee (not included in asking NOI)

  • 54 months - weighted average remaining lease term

  • Strong credit tenant mix - all corporate leases

  • Best positioned asset to take advantage of Midstream expansions

  • Roughly 50% leased to investment grade credit tenants

  • New construction limiting CAP EX needs

  • 100% of tenant mix on NNN lease structure


Specifications
Sale Price:
Contact Advisor
Attachments & Files
Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population5717,11721,320
Population Median Age343434
Population by Age0-9 Yrs12413733711
10-19 Yrs628693131
20-29 Yrs729273091
30-39 Yrs9310542861
40-49 Yrs618472816
50-59 Yrs779452758
60-69 Yrs446401743
70+ Yrs384631208
Median HH Income$83,070$84,822$85,435
Total Household Income< 24K25314862
25-49K404431234
50-74K22302968
75-99K34348926
100-199K445822110
200K+32403800
Highest Education LevelNo Diploma182621040
Diploma or GED8811133575
Some College11914173908
Assoc. Degree495371402
Bachelors Degree578702235
Higher Degree24272729
Total Housing Units2172,5507,342
--Owner-Occupied1451,9895,959
--Renter-Occupied52403940
Owner-Occupied Values< 100K4156907
100-199K377202539
200-299K707101570
300-399K24258603
400-499K674168
500K+472172
Total Working Age Population3965,08215,532
In Work Force2643,31910,345
Not In Work Force1321,7645,187
Workforce Employed2433,1239,735
Workforce Unemployed21194588
Civlian Workforce2643,31710,323
Military Workforce0222
Total Households1972,3926,899
Family Households1591,9595,516
Non-Family Households384341,383
Married Couple1201,5894,511
Other Family393701,005
Married w/Child497132,238
Single Male w/Child20161306
Single Female w/Child15142375

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
Chambers County26,031+3535,096+2142,320+2452,605
Harris County3,400,578+204,092,459+224,978,845+195,924,750
Liberty County70,154+875,643+1385,284+1295,433

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Agent
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Judd Harrison

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