Documents
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Attributes
Year Built | 1998 |
Building Area Net |
|
Occupancy | 100.0 % |
Call for Offers | 2022-03-16 |
Asset Description
JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire Leghorn Service Center (the “Property”), a 66,530 square foot industrial park consisting of three infill buildings located in Houston’s Northwest submarket. Currently 100% leased to seven tenants with a 2.2 year WALT, the Property caters to Houston’s in-fill tenant base and is ideally positioned to capture the continued population growth of Northwest Houston. Leghorn Service Center offers investors the opportunity to acquire a stabilized, cash-flowing property in Houston’s institutionally preferred submarket with significant mark to market upside as leases rollover.
Investment Highlights
· Premier Infill Northwest Location
· High-Quality Industrial Product
· Diverse Tenancy
· Proximity To Dense Population
· Strong Market Fundamentals
· Attractive Cash-On-Cash Yields
· Irreplaceable Industrial Product Amidst Rising Construction Prices