Industrial & Logistics

1251 Clay Court

1251 Clay Ct Deer Park, Texas United States 77536-1860
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY 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

Year Built 2004
Building Area Net
Land Area Net ()
Occupancy 100.0 %
Call for Offers 2022-05-13

Asset Description

JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire 1251 Clay Court (the “Property”), a 104,315 square foot front-load industrial warehouse located within Battleground Business Park in Deer Park, TX. The Property is currently 100% leased to Delta Petroleum Company with 11 years of remaining lease term after their recent renewal. With the renewal, the Property was upgraded with LED lighting in the warehouse and the tenant was provided $600,000 to complete additional upgrades throughout the Property over the next 24 months. The Property offers investors the opportunity to acquire a newly-renovated, single tenant property with 11 years of remaining lease term that is located in one of Houston’s institutionally-preferred submarkets.

Investment Highlights

·    Premier Port of Houston Location

·    Newly-renovated, Irreplaceable, Institutional-Quality Industrial Product

·    100% Leased to Delta Petroleum Company, Inc. For 11 Years

·    Record Breaking Leasing Velocity And Fundamentals

·    Houston: Nation-Leading Growth

Last Updated Date: 20 Apr 2022

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Last Updated Date: 20 Apr 2022

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