World Houston International Business Center 15, 31A & 31B_Property for Sale
World Houston International Business Center 15, 31A & 31B_Property for Sale

World Houston International Business Center 15, 31A & 31B

3955 World Houston Pkwy, Houston, TX, 77032, US

Asset description

JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire three light industrial assets located in one of Houston’s premier master-planned industrial parks, World Houston Intercontinental Business Center. The Portfolio is comprised of three rear-load industrial buildings totaling 100,402 square feet. World Houston Buildings 15, 31A, and 31B (the “Portfolio”) are adjacent to George Bush Intercontinental Airport and conveniently located just 3.5 miles from the terminals in North Houston. The irreplaceable, infill location with immediate access to Beltway 8 position the Portfolio to cater towards Houston's light industrial tenants serving the dense population in the surrounding areas.


The Portfolio is home to a total of eleven tenants with suite sizes ranging from approximately 3,000 square feet to 17,000 square feet. Both the location and suite sizes within the Portfolio would be highly difficult and costly to replicate today, insulating the Portfolio from the future development pipeline.


Currently 85% leased with 3.5 years of weighted average lease term remaining, potential investors have the unique value-add opportunity to significantly grow NOI through the lease-up of remaining vacancies and a continued office pullback strategy.

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Attributes

Building area net
9,328 sm
Year built
2010
Occupancy
85%
WALT
3.5 years

Media

Investment highlights

  • Superior Regional Connectivity
  • Premier Location Within World Houston International Business Center
  • Versatile Light Industrial Product Priced Well Below Replacement Cost
  • Proximate To George Bush Intercontinental Airport
  • Small to Mid-Size Inventory Continues To Outperform
  • Robust Leasing Velocity And Healthy Fundamentals
  • Distribution Locations Within Reach of 25 Million Residents
World Houston International Business Center 15, 31A & 31B 4_Property for Sale
World Houston International Business Center 15, 31A & 31B 4_Property for Sale

Contact brokers

World Houston International Business Center 15, 31A & 31B (0 Properties)

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Last updated
Mar 20, 2025