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Used Bikes Direct Leases 22,630 SF Industrial Building In Houston

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LEASED

Texas

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Industrial22,630 SF
Leased 01/10/2024
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LEASED

Used Bikes Direct Leases 22,630 SF Industrial Building In Houston

16445 North Freeway

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Industrial22,630 SF
Leased 01/10/2024
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:22,630 SF
Transaction Type:Lease

Used Bikes Direct has leased a 22,630 sq ft building at 16445 North Freeway in Houston. This lease marks the company's entry into the Houston market and adds to its existing three stores. The property is located in the North Freeway/Tomball Parkway's industrial submarket and offers high visibility along Interstate 45.

Summary of transaction details

The leasing deal was facilitated by Christopher Klein and Judy Beebe from Colliers International. Used Bikes Direct, a rapidly growing powersports dealership specializing in quality pre-owned motorcycles, strategically chose this location for its fourth store due to its prime location and visibility.

Players

Judy Beebe
4 deals
BROKER

Christopher Klein
Colliers
3 deals(281) 772-4433
BROKER

Details

LEASED
IMAGE: Christopher Klein & Judy Beebe DATE: 01/10/2024 ADDRESS: 16445 North Freeway MARKET: Houston ASSET TYPE: Industrial ~ SF: 22,630 TENANT: Used Bikes Direct (@UsedBikesDirect) BROKERS: Christopher Klein & Judy Beebe - Colliers International (@ColliersInternational) NOTE: Used Bikes Direct has leased a 22,630 sq ft building at 16445 North Freeway in Houston, marking its fourth store and entry into the Houston market. The rapidly growing powersports dealership specializes in quality pre-owned motorcycles and chose a location with high visibility along Interstate 45 in the North Freeway/Tomball Parkway's industrial submarket.

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Deal Type
Effective Rent (Annual)

$1,297,137.94

Total Lease Value

$12,971,379.44

Net Landlord Cash Flow$1,297,137.94