STREAM Capital Partners > Properties > All Properties > Houston Food Sale Leaseback

Houston Food Sale Leaseback

Sale Leaseback

Houston, Texas
Ownership Type:
Fee Simple
Price:
$7,500,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
33,466 SF
Rent Increases:
2.0% Annual
Site Size:
2.0 Acres

Investment Highlights

  • Absolute NNN Lease: 15-year initial term, 2.0% annual rent increases, zero landlord responsibilities
  • Premier Northwest Houston Industrial Corridor: Immediate access to Beltway 8 / Sam Houston Tollway and US-290
  • Specialized Food Asset: ~90% of space breakout is food production (recent investment in the building)
  • Strong Submarket Tailwinds: 90.5MM SF of industrial inventory, ~94% occupancy, and 4.3MM SF of positive YTD net absorption
Ownership Type:
Fee Simple
Price:
$7,500,000
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
33,466 SF
Rent Increases:
2.0% Annual
Site Size:
2.0 Acres

Listing Agents

Phil DiGennaro

Managing Director
203 610 1541[email protected]

Joe DiGennaro

Senior Associate
203 895 1171[email protected]

Owen McNulty

Senior Associate
708 601 3087[email protected]

Kyler Bean, Lic. #646910

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