14199 Westfair East Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
14199 Westfair East Dr
41,450 SF 100% Leased Industrial Building Houston, TX 77041 For Sale
Investment Highlights
- Wrought Iron Fence Surrounding Perimeter of Property With Remote Controlled Access Gates.
- High-End Corporate Office Finishes.
- Two (2) Natural Gas Generators with Pad Site for a Third Future Generator.
- Original Building Plans Allow for Building Expansion by up to 15,750 SF.
- 1000KVa Utility Service; Both 120v & 240v Power In All Work Areas.
- Covered Employee Parking & Parking Lot Lighting.
Executive Summary
Partners is pleased to present the opportunity to acquire 14199 Westfair East Drive, a ±41,450-square-foot office/warehouse on ±2.755 acres in Northwest Houston, occupied by Ovation Data Services. The property features tilt wall construction, four overhead doors, high-end office finishes, and a fully climate-controlled warehouse.
Ovation Data Services will lease back the property at the close of escrow for a period of ten years on an absolute net lease basis with 3.5% annual increases. Ovation Data Services is a leader in digital transformation and data repository solutions with a 45-year operating history. Ovation Data Services works with the Energy, Media & Entertainment, Digital Heritage, Biotech & Life Sciences, and Security industries.
14199 Westfair East Drive is in the West Outer Loop Submarket, ideally located near major thoroughfares such as US Highway 290, Highway 6, and the Sam Houston Tollway. The submarket has a low vacancy rate of 5.6%, outperforming the Houston metro average of 6.3%, highlighting a tight barrier to entry and desirability by both tenants and owner/users alike.
Ovation Data Services will lease back the property at the close of escrow for a period of ten years on an absolute net lease basis with 3.5% annual increases. Ovation Data Services is a leader in digital transformation and data repository solutions with a 45-year operating history. Ovation Data Services works with the Energy, Media & Entertainment, Digital Heritage, Biotech & Life Sciences, and Security industries.
14199 Westfair East Drive is in the West Outer Loop Submarket, ideally located near major thoroughfares such as US Highway 290, Highway 6, and the Sam Houston Tollway. The submarket has a low vacancy rate of 5.6%, outperforming the Houston metro average of 6.3%, highlighting a tight barrier to entry and desirability by both tenants and owner/users alike.
Property Facts
| Sale Type | Investment | Rentable Building Area | 41,450 SF |
| Sale Conditions | Sale & Leaseback | Number of Floors | 2 |
| Property Type | Industrial | Year Built | 2008 |
| Lot Size | 2.75 AC | Clear Ceiling Height | 28 ft |
| Sale Type | Investment |
| Sale Conditions | Sale & Leaseback |
| Property Type | Industrial |
| Lot Size | 2.75 AC |
| Rentable Building Area | 41,450 SF |
| Number of Floors | 2 |
| Year Built | 2008 |
| Clear Ceiling Height | 28 ft |
1 of 1
PROPERTY TAXES
| Parcel Number | 1174570020004 | Improvements Assessment | £2,257,607 |
| Land Assessment | £469,509 | Total Assessment | £2,727,116 |
PROPERTY TAXES
Parcel Number
1174570020004
Land Assessment
£469,509
Improvements Assessment
£2,257,607
Total Assessment
£2,727,116
1 of 17
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
14199 Westfair East Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.