Command Tubular Products

18911 W Industrial Pkwy, New Caney, TX
Deal Type:
Sale Leaseback
Price:
$10,708,848
Cap Rate:
6.40%
Current Rent:
$685,366
Lease Type:
Triple Net
Landlord Responsibilities:
None
Renewal Options:
2(10) or 4(5) Years
Building Sq. Ft.:
66,865 SF
Rent Increases:
2.00% Annually
Site Size:
13.577 Acres

Investment Highlights

  • Long-term (15-year) absolute triple net lease with 2.00% annual escalations
  • Industrial Outside Storage Facility that functions as a manufacturing and lay down yard space for materials and supplies on 13.57 Acres
  • Strong Industrial Synergy with neighboring tenants who include Walmart and Lowes with over 1 Million + SF distribution centers
  • The Woodlands/Conroe Submarket is home to a diverse set of tenants. The largest tenants include: Lowe’s (1.5 million SF), Walmart (1 million SF), Five Below (860,000 SF), and Crown Cork & Seal Co (700,000 SF)
  • Ease of Access with the location being easily accessible to major highways such as I-45, I-69, and Grand Parkway

Listing Agents

Kyler Bean

Managing Director
325 227 0893
Kyler@stream-cp.com

Ryan Rapoport

Senior Associate
214 457 5894
Rrapoport@stream-cp.com

In Association with Scott Reid & ParaSell, Inc. | A Licensed Texas Broker #9009637

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