Houston: 52,000 SF on Kinghurst Street sold for $3.2M

HOUSTON – P Investments recently purchased the 52,000-sf industrial building at 10506 Kinghurst St. for $3.2 million, or about $62 per sf.

The building sits on three acres and has a 20′ ceiling height, 14 bays loading with four high decks and two ramps.

There are four main entrances of the building with eight front doors. The building can be easily divided for multitenant use.

In 2012, approximately $500,000 was spent on renovations which included a brand new roof, nine new AC units and 12 security cameras around the building.

Read more at CoStar Group.