Cedar Port IKEA

JLL Capital Markets is pleased to offer qualified investors the opportunity to purchase the fee simple interest in Cedar Port IKEA (the “Property”), a two-building 996,482 SF Class-A industrial distribution center located in the premier Southeast Houston Industrial Submarket. Built in 2017, the Property is currently 100% leased to IKEA with 3.4 years of weighted average lease term remaining. The well-positioned industrial park is just two miles from State Highway 99 and only 15 minutes from Barbour’s Cut Container Terminal, providing superior multi-direction regional connectivity and ease of access to the Port of Houston.

The Property features best-in-class characteristics such as 32’ clear heights, large 190’ truck courts, ESFR sprinkler systems abundant trailer parking, and future rail capability.

Situated within Cedar Port Industrial Park, the largest master-planned, rail-and-barge-served industrial park in the United States and the fifth-largest in the world, the Property offers access to public barge and rail terminals just a mile from the Property. The approximately 15,000-acre campus features heavy utilities and exceptional infrastructure and is home to industry-leading users such as Walmart, GE, DHL, and The Home Depot.