Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2020
Building Area Net
Occupancy 100.0 %
Call for Offers 2022-06-22

Property description

JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire Market Street (the “Property”), two Class A, front-load industrial buildings totaling 395,725 square feet located at the Southeast corner of Beltway 8 and Interstate 10 in Houston, TX. The buildings were completed in 2020 and are currently 100% leased to Lone Star Integrated Distribution and Gulf Stream Marine with 6.2 years of weighted average lease term remaining. The larger of the two buildings, which is leased to Lone Star Integrated Distribution, is PTRA rail-served with two existing rail lines with the potential to add two additional lines. The Property offers investors the opportunity to acquire two brand new, state-of-the-art buildings located in one of Houston’s institutionally preferred submarkets.

Investment highlights

·    Premier Port Of Houston Location

·    Accessibility In All Directions Via I-10 and Beltway 8

·    Coveted Rail-Served Property With Limited Submarket Availability

·    Newly-Constructed, Class A, Irreplaceable, Institutional Quality Industrial Product

·    Value-Add Opportunity Via Marking Rents To Market

·    Record Breaking Leasing Velocity And Fundamentals

·    Houston: Nation-Leading Growth

Last Updated Date: 08 Jun 2022

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Last Updated Date: 08 Jun 2022

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