
South Belt Business Park - SOLD
13301 Fondren Rd., Houston Texas 77085
Property Highlights
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South Belt Business Park is located at 13301 Fondren Rd., near Beltway 8 in Houston, TX.
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The warehouse is 60,000 sq. ft. of building (forty 1,500 sq. ft. spaces) on 4.47 acres of land.
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The project has been neglected and mismanaged for several years. Occupancy is 35%. This property would be ideal for a knowledgeable investor who can clean it up and lease it up for a great upside gain in income.
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The property is not being sold on the cash flow as that is deficient the price is $40.00
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per square foot ($2,400,000.00).
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Current rent roll shows $131,952.00 per year income at 35% occupancy.
Traffic Counts
Main St/US Hwy 90 Alt: 78,924 VPD | Fondren Rd: 17,708 VPD
Sam Houston Tollway/Beltway 8: 81,300 VPD (TXDOT 2017)
Demographics
2018 Population
Avg. HH Income
Daytime Pop.
1 Mile
10,406
8,197
$57,329
3 Miles
138,406
100.707
$67,016
5 Miles
361,747
311,540
$71,913