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