Met Company Inc. Industrial Manufacturing and Warehouse Facility
Met Company Inc. industrial manufacturing and warehouse facility in Houston, Texas, offered at $3,000,000 at an 8.62% cap rate on a 15+ year absolute triple-net lease. The single-tenant asset is secured by Met Company Inc. with a corporate guarantee, generating $258,642 in annual rent ($9.00 per SF) with 3% annual escalations and four 5-year renewal options. The landlord bears zero responsibilities, including roof and structure maintenance, making this a fully passive investment.
Built in 2007, the 28,738 SF facility sits on 4.06 acres of industrial-zoned land and serves as Met Company's headquarters and primary manufacturing site. The tenant has operated at this location since 2007 and was founded in 1995, demonstrating 19 years of operational continuity. Met Company specializes in metal fabrication, custom manufacturing, laser cutting, precision-cut products, painting, sandblasting, and industrial services, serving commercial contractors, engineering and construction, petrochemical, oil and gas, industrial, government/municipal, and residential end markets. The company employs 15 people and fabricates in aluminum, cast iron, copper, exotic alloys, galvanized steel, and stainless steel.
The property is strategically positioned in Houston's vibrant industrial market, approximately 15 minutes from Downtown Houston with direct access to major highways, George Bush Intercontinental Airport, and the Port of Houston. The Houston MSA industrial sector encompasses 871 million SF of total inventory with $2.2 billion in 12-month sales volume and a projected 2026 GDP of $98.7 billion. The surrounding trade area supports a population of 1.1 million within 10 miles and 2.4 million within 15 miles, with average household incomes of $98,922 (10-mile radius) and $113,627 (15-mile radius).
- 15+ year absolute triple-net lease with zero landlord responsibilities, including roof and structure
- 3% annual rent increases with four 5-year renewal options
- Mission-critical tenant facility with 19-year operating history at the site and corporate guarantee
- Houston industrial market anchor with proximity to Downtown, major highways, airport, and port
- Diversified tenant capabilities across metal fabrication, modular construction, laser cutting, and industrial services
- Passive, fully-managed investment generating $258,642 annual rent ($9.00/SF)
More property details
Features & amenities
Location
Strategically located in Houston, Texas, a major industrial market supported by a deep labor pool, extensive transportation infrastructure, and a diverse base of manufacturing, logistics, energy, construction, and industrial service users. The site benefits from proximity to key regional demand drivers, including Downtown Houston (approximately 15 minutes), major highways, George Bush Intercontinental Airport, and the Port of Houston.
- ~15 minute drive to Downtown Houston;
- proximity to George Bush Intercontinental Airport;
- access to Port of Houston; major highways;
- deep labor pool
Additional details
Zero - Tenant responsible for building structure, maintenance, insurance, real estate taxes, and all other operating expenses
- Leading Houston-based industrial fabrication and manufacturing platform with operating history dating back to 1995
- Established operating history with diversified service offering across multiple business verticals
- Mission-critical facility supporting core operations as company headquarters and primary manufacturing site
- Well-located Houston industrial asset with strong regional demand drivers
- Improving operating profile with clear path to sustainable performance
- Durable industrial fabrication and modular construction industry demand
- Long-term absolute triple-net lease with annual rent increases of 3%
Ascension Advisory & Brian Brockman have not verified information and make no representations, guarantees, or warranties. Information is for illustrative purposes only. Buyer responsible for independent due diligence. Past tenant performance not a guarantee of future performance. Broker not responsible for tenant performance or breach.
This Marketing Brochure is proprietary and strictly confidential, intended solely for use by the receiving party and may not be shared without prior written consent of Broker.
One of the most vibrant and diverse industrial markets in the United States; known as the energy capital of the world