Industrial & Logistics

Satsuma Station Industrial Park

14520 Wagg Way Rd 14510 And Houston, Texas United States 77041-1900
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
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.

Attributes

Building Area Net

Property Description

Jones Lang LaSalle (“JLL”), as exclusive advisor to the Owner, is pleased to present the opportunity to purchase the fee simple interest in Satsuma Station Industrial Park (the “Property”), an 89,750 square foot, two-building industrial property in Houston, TX with 10.2 years of weighted average lease term. Developed in 2019 by United Equities, the state-of-the-art facilities feature several cranes, stabilized yard, numerous HVAC and ventilation upgrades, 2000-amp electrical service capabilities, ESFR sprinkler systems, LED lighting, and 30’ eave heights, as well as over $1.3 million worth of tenant-funded improvements.

Investment Highlights

·    New Construction With No Capital Requirements

·    Irreplaceable Industrial Product Amidst Rising Construction Prices

·    Long-Term Credit Tenancy

·    Secure Cash Flow With Back End Upside Potential

·    Institutional Preferred Submarket

·    Significant Access To Labor Via NW Houston Population Boom

·    Impressive WALT & Cash On Cash Returns

·    Houston: Nation-Leading Growth

Last Updated Date: 30 Sep 2021
Trent Agnew
Trent Agnew
Senior Managing Director, Industrial Group Leader
License details
TX-574897
Charlie Strauss
Charlie Strauss
Director, Capital Markets

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Last Updated Date: 30 Sep 2021

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