Great 290 Distribution Center_Property for Sale
Great 290 Distribution Center_Property for Sale
2120 Field Store Rd, Waller, TX, 77484, US

Great 290 Distribution Center

Asset Description

JLL is pleased to offer qualified investors the opportunity to purchase the fee simple interest in Great 290 Distribution Center(“the Property”), a 500,840 square foot new construction class-A cross-dock facility in the Northwest submarket in Houston, TX. Built by Pagewood in 2023, the Property is currently 100% leased to Daikin Comfort Technologies, with 3.6 years of lease term remaining. The Property is strategically located along US Hwy 290 with excellent access to multiple major Texas population hubs and the Houston MSA. Daikin’s commitment to the building is evident via tenant investment is in the space. Additionally, Daikin’s long term belief in the submarket is demonstrated by their 3.9 million square foot distribution headquarters located just 4.8 miles away from the Property. The asset offers investors the opportunity to acquire a best-in-class building in Houston’s coveted Northwest submarket at a basis well below replacement cost.

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Attributes

Building area net
500,840 sf
Occupancy
100%
Year built
2023
Land area net
51.89 acres (2,260,328 sf)
WAULT
3.6 years

Media

Investment Highlights

  • Institutional Quality Construction With A Committed Single Tenant
  • Strategic Waller County Location Among Expansive Residential Development
  • Substantial Population Growth - Historical And Future Growth In Waller County
  • Proximity To Major Texas Population Centers
Great 290 Distribution Center 4_Property for Sale
Great 290 Distribution Center 4_Property for Sale

Contact brokers

Great 290 Distribution Center (0 Properties)

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Last updated
23 Feb 2024