Industrial & Logistics

8300 Telephone Rd

8300 Telephone Rd Houston, Texas United States 77061-4737
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1981
Building Area Net
Occupancy 70.0 %
Call for Offers 2022-03-03

Asset Description

Jones Lang LaSalle (“JLL”), on behalf of Urban Logistics Realty, is pleased to offer for sale 8300 Telephone Road (the “Property”), a front-load, Class B, infill industrial warehouse totaling 105,519 square feet strategically located directly adjacent to Hobby Airport (HOU) in southeast Houston. The Property is 70.1% leased to two tenants with a weighted average lease term of 1.3 years. 8300 Telephone Road provides investors the opportunity to acquire a one-of-a-kind, well-located industrial asset with a significant value add opportunity in a high barrier to entry market at a discount to replacement cost.

Investment Highlights

·   Versatile Industrial Product

·   Value Add Opportunity With Mark-To-Market Strategy

·   Irreplaceable Industrial Product Amidst Rising Construction Prices

·   Strategic Houston Location With Proximity To Hobby Airport and BNSF Intermodal

·   Houston: Nation-Leading Growth

Last Updated Date: 08 Feb 2022

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Last Updated Date: 08 Feb 2022

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