Industrial & Logistics

North Houston AR Sort Center

10550 Ella Blvd Houston, Texas United States 77038-2324
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.

Key Facts

Building Area

Property Description

Jones Lang LaSalle (“JLL”), as the exclusive advisor to the Owner, is pleased to present the opportunity to purchase the fee simple interest in North Houston AR Sort Center (the “Property”), an 856,605 square foot, robotics sort center in Houston, TX. Developed in 2017 by USAA Real Estate as a Build-to-Suit, the state-of-the-art warehouse is 100% leased to a leading E-Commerce user with 11.0 years of remaining term, 1.50% annual rent increases, and a significantly below market rent.


The North Houston AR Sort Center has been the benefactor of significant tenant capital investment, totaling nearly $50 million worth of tenant funded improvements excluding MHE. Located within the prestigious Pinto Business Park, the Property is surrounded by several other elite corporate users including Emser Tile, Sysco, HD Supply, Red Bull, Victory Packaging, Coca-Cola, The Reynolds Company, and Alfa Laval. 

Investment Highlights

·    Secure Cash Flow With Back-End Upside Potential

·    Newly Constructed, State-of-the-Art Facility

·    Significant Tenant Investment

·    Long-Term Credit Tenancy

·    Premier Business Park Location With Exceptional Access

·    Mission Critical Location For An Amazon Sort Center

·   Houston: Nation-Leading Growth

Last Updated Date: 21 Apr 2021
Trent Agnew
Trent Agnew
Senior Managing Director, Industrial Group Leader
Broker Licenses
TX-574897
Rusty Tamlyn
Rusty Tamlyn
Senior Managing Director, Capital Markets
Broker Licenses
TX-0225187

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Last Updated Date: 21 Apr 2021

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