Contacts
Colliers
Colliers
Property Details
- Property Type Industrial - Warehouse/Distribution
- Lot Size 8.53 SF
- Date Updated May 15, 2026
Three Building NNN Industrial Portfolio Sale
PROPERTIES/LEASES OVERVIEW
ADDRESSES 14247 Bandera St I 180 Lawrence Rd I 1960 Brazosport Blvd
TENANT Great Western Valve Company “GWV” |
TERM 7 years remaining on all leases
TYPE Triple Net (NNN) Lease - Tenant responsible for ad valorem taxes, insurance and maintenance
LANDLORD RESPONSIBILITIES Roof, structure, and foundation
ESCALATIONS Four percent (4%) annually
RENEWAL OPTIONS One renewal option at Fair Market Value
NOTE Building portfolio will be sold together and leases will be co-terminus
14247 Bandera St
Great Western Valve (Headquarters)
• ±18,000 Total SF
• ±2,800 Office SF
• ±1.00 AC Lot Size
• (1) 10T, (5) 2T, and (1) 2.5T & (1) 1T Jib Cranes
• 14’-20’ Clear Height
• (4) 14’ x 14’ & (2) 16’ x 14’ OH doors
• Heavy 3-phase / 480v service
• Built in 1988 with more recent additions.
• 1/4 acre stabilized yard across the street potentially available for purchase
• 29 parking spaces
1860 Lawrence Rd
Great Western Valve
• 13,680 Total SF
• 2,115 Office SF
• 2.53 AC Lot Size
• 18’ Clear Height with drive thru capability
• Heavy 3-phase / 480v service
• Built in 2010
• 21 parking spaces
1960 Brazosport Blvd
Lisco a ”GWV” company
• ±10,520 Building SF
• 5.00 AC Lot Size
• Heavy 3-Phase / 480v service
• 16’ Clear Height
• Built in 1976 | Recently renovated
• Highway visibility
• Multiple parking spaces
INVESTMENT OVERVIEW
This offering consists of a fully leased industrial portfolio located in the Houston area, generating $398,810.60 in current annual NOI year 1. The leases are structured as true triple net, providing clean, passive income with no landlord responsibilities. Each lease includes 4% annual rent increases, delivering steady income growth over time.
The tenant operates across multiple locations within the portfolio, reinforcing tenancy stability and operational dependence. With approximately 7 years of remaining lease term, the investment offers near-term income security and long-term upside through contractual rent growth.
This is a straightforward, income-producing investment designed for buyers seeking reliable cash flow with minimal management.
INVESTMENT HIGHLIGHTS
- Current NOI: $398,810.00
- 100% leased - Single tenant (Great Western Valve)
- True Triple Net (NNN) structure - No landlord expenses
- 4% annual rent escalations
- ~7 year weighted average lease term
- Houston MSA industrial locations
- Passive, stable cash flow with built-in growth
Reach out to the broker for more info on lease terms and amenities
Getting around
-
43/100
Walk Score ®
-
57/100
Bike Score ®
Location
- City Houston, TX
- Zip Code 77015
Points of Interest
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Altic/Howard Hughes
9.35 miles
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Lockwood/Eastwood
9.86 miles
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Texaco
0.62 miles
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Walmart
0.68 miles
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Z Fuel
1.03 miles
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Sam's Club Gas Station
1.04 miles
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Shell
1.09 miles
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Exxon
1.93 miles
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Valero
2.06 miles
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Murphy USA
2.13 miles
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Mobil
2.24 miles
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Tesla Supercharger
3.62 miles
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Blue Beacon
6.04 miles
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Car Wash
8.42 miles
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Minit-Man Car Wash
8.50 miles
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Boss Shine Car Wash & Detail
8.74 miles
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Bubbles Car Wash
8.97 miles
-
H-E-B Car Wash
9.00 miles
-
Enterprise
9.02 miles
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Wayside Car Wash
9.82 miles
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Golden Corral
0.63 miles
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Taqueria El Regio
0.65 miles
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McDonald's
0.75 miles
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Whataburger
0.77 miles
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Chick-fil-A
0.79 miles
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Bombshells
0.82 miles
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Chipotle
0.88 miles
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Szechwan Wok
1.01 miles
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Taqueria y Refresqueria Mi Pueblito
1.01 miles
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Jack in the Box
1.02 miles