- For Sale Contact for pricing
- Property Type Industrial - Warehouse/Distribution
- Lot Size 7 SF
- Date Updated Apr 15, 2025
Colliers is pleased to present a unique investment opportunity exclusively to qualified investors. We are offering the chance to acquire the 1120 & 1140 Lockwood Dr industrial facility, strategically located just 3.5 miles east of Downtown Houston, adjacent to one of the world's largest ports, the Port of Houston.
Property Overview:
- Location: 3.5 miles east of Downtown Houston, and just blocks from the Port of Houston
- Facility Details: Approximately 158,000 square feet of industrial warehouse space distributed across seven buildings constructed between 1950 and 1960
- Land Area: Situated on approximately 7 acres of prime infill real estate
Investment Highlights
- Sale-Leaseback Opportunity: Cadeco Industries, Inc., the seller and one of the current occupants, is committed to a master lease sale-leaseback agreement as the guarantor for a period of five years.
- Irreplaceable Infill Asset: No new industrial construction in this submarket for past decade, underscoring the rarity and strategic importance of this location.
- Proximity to Port of Houston: Less than 2 miles from the Port of Houston, offering exceptional logistical advantages for Cadeco and future tenants.
- Near Major Urban Projects: Only 1 mile from significant city developments including the East River by Midway, a 150-acre mixed-use project, and the Buffalo Bayou East Master Plan by HR&A Advisors, enhancing local amenities with new parks, trails, and cultural destinations.
- The Opportunity: This offering represents a rare chance to secure an irreplaceable asset below replacement cost in a critical logistical hub, within a rapidly gentrifying submarket of Houston.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
53/100 Somewhat Walkable
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Transit Score ®
51/100 Good Transit
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Bike Score ®
47/100 Somewhat Bikeable
- City Houston, TX
- Neighborhood Greater Fifth Ward
- Zip Code 77020
- Market Houston
Points of Interest
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Altic/Howard Hughes
1.98 miles
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Lockwood/Eastwood
2.01 miles
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UH-Downtown
2.69 miles
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Convention District (westbound)
2.73 miles
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Convention District (eastbound)
2.81 miles
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Central Station Capitol
2.97 miles
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Central Station Rusk
3.02 miles
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Fulton/North Central
3.02 miles
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Quitman/Near Northside
3.09 miles
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Main Street Square (northbound)
3.15 miles
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Shell
0.32 miles
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Fuel Depot
0.38 miles
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Chevron
0.40 miles
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Pemex
0.57 miles
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Citgo
1.89 miles
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Blink
5.79 miles
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Tesla Supercharger
6.64 miles
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ChargePoint
8.99 miles
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Fifth Ward Parking lot
0.48 miles
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Magnolia Park & Ride
2.50 miles
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Lot D
2.58 miles
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University of Houston-Dowtown Vine Street Garage
2.59 miles
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Harris County Garage
2.63 miles
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University of Houston-Dowtown Lot A
2.71 miles
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Harris County Jury Plaza
2.71 miles
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Avenida Parking North
2.71 miles
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University of Houston-Downtown Daly Lot
2.85 miles
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Christ Church Cathedral Garage
2.85 miles
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J.R.'s Taqueria
0.30 miles
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Subway
0.42 miles
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Burger King
0.47 miles
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Domino's
0.53 miles
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Los Jacales Restaurant
0.56 miles
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Little Caesars
0.64 miles
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Popeyes
0.91 miles
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McDonald's
1.34 miles
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Mucho Mexico Restaurant & Seafood Bar
1.41 miles
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Jack in the Box
1.44 miles
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Fiesta Mart
0.45 miles
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Sing-On Supermarket
2.42 miles
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El Ahorro Supermarket
2.48 miles
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Kroger
2.59 miles
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Fiesta
2.83 miles
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Phoenicia Speciality Foods
3.04 miles
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La Michocana
3.05 miles
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The Shops at Houston Center
3.08 miles
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Walmart Supercenter
3.66 miles
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Target
4.29 miles
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Fifth Ward Pregnancy Help Center
0.43 miles
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Shotwell Clinica Hispana
0.47 miles
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Houston Fire Department Station 27
0.78 miles
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Denver Harbor Family Health Center
0.80 miles
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Harris County Sheriff's Office - Recruiting
1.21 miles
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Best Auto Storage
1.21 miles
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Houston Police Department - Navigation
1.40 miles
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Houston Fire Department Station 19
1.43 miles
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Qualcare Rehabilitation
1.51 miles
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Allied Medical Centers
1.52 miles
Frequently Asked Questions
The sale price for Investment Sale I Industrial Facility Near Downtown & The Port of Houston is available upon request. Contact the listing broker for more information.
Investment Sale I Industrial Facility Near Downtown & The Port of Houston totals 158,000 square feet.
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