Theall Business Park Industrial FOR SALE


Houston, TX
$4,600,000 USD
713-492-7387
, Houston, TX for Sale
$4,600,000 USD
Industrial - FOR SALE
1/11
null | 7.26% Cap Rate

Theall Business Park
Houston, TX


HIGHLIGHTS

  • Single Tenant Industrial Park – Comprised of four individual, freestanding industrial buildings, which are 100.0% leased
  • New Construction – 2025/2026 Construction offering reduced maintenance requirements and limited deferred capital needs
  • Northwest Houston – an active industrial submarket with strong tenant demand, continued growth, and proximity to major transportation corridors
  • Below Market Rents – in-place rents approximately 10% below current market levels, providing immediate upside potential
  • 7.26% CAP – Strong going-in yield supported by fully leased, single-tenant assets

OVERVIEW

JLS Real Estate is pleased to offer the Theall Single-Tenant Portfolio for sale. The portfolio is priced at a 7.26% cap rate and consists of four newly constructed, single-tenant industrial buildings located in Northwest Houston, one of the city’s strongest industrial submarkets. The portfolio provides investors with diversified risk, as it includes four separate buildings rather than a single asset occupied by one tenant. Additionally, these are the first four buildings leased within the business park and were executed at ~10% below current market asking rates, offering meaningful upside potential upon lease expiration. Texas law requires all license holders to provide the Information About Brokerage Services form to prospective buyers, tenants, sellers and landlords: https://www.jlscre.com/static/sitefiles/IABS_Form_JLS.pdf

ASK ABOUT THIS PROPERTY

Perry OsterJLS Real EstateMore Info
713-492-7387

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Perry OsterJLS Real EstateMore Info
713-492-7387

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.