Jones Lang LaSalle (JLL), on behalf of the owner, is pleased to present the opportunity to purchase the fee simple interest in the Amazon Katy Fulfillment Center, a 1,016,000 square foot fulfillment center in Houston, Texas with 12.3 years of lease term remaining.
Developed in 2018 by Duke Realty as a Build-to-Suit, the state-of-the-art warehouse is currently 100% leased to and offers 1.5% annual rent increases throughout the remainder of the term.
· New class A construction
· Houston's most dynamic submarket
· Amazon investment grade tenancy (S&P AA-)
· Mission-critical Amazon location for a fulfillment center
· Mark-to-market opportunity at expiration
· 12.3 years remaining lease term