• DUAL NATIONAL TENANTS: Anchored by a strong national brand tenant with over 275 locations, and Hunting Energy Services, a global oil & gas service provider. Both tenants operate under Absolute NNN leases, with zero landlord responsibilities.
• NEW CONSTRUCTION + STABLE TENANT MIX: The national-grade tenant occupies a brand-new 2023-built 38,000 SF facility, while Hunting occupies a ±33,222 SF facility built in 1998—offering both modern infrastructure and a stable, income-producing asset.
• LONG-TERM LEASE COMMITMENT: The national-grade tenant signed a 15-year lease through October 2038, demonstrating long-term confidence in the location. Hunting Energy maintains a shorter-term lease expiring in 2028, providing flexibility or re-tenanting upside.
• STRONG ANNUAL RENT GROWTH: The national-grade tenant features 2.5% annual rent bumps, while Hunting increases at 3.0% annually, ensuring steady NOI growth and hedge against inflation.
• ATTRACTIVE LEASE ECONOMICS: Combined current annual rent exceeds $743,000, with the national tenant generating $11.46/SF and Hunting at $9.27/SF, both supported by Houston’s robust industrial demand. Land rent rates remain favorable at $2.22 $2.92/SF.
• HIGHLY FUNCTIONAL INDUSTRIAL DESIGN: Situated on ±6.92 total acres, the site offers ample outdoor storage and operational space, with low coverage ratios (19.4% and 31.5%)—a key feature for users requiring material and fleet storage.
• STRATEGIC HOUSTON LOCATION: Located on Rankin Road just off I-45, the property sits in one of Houston’s key industrial corridors with quick access to major highways, distribution networks, and the George Bush Intercontinental Airport