Sugar Land Crossroads_Property for Sale
Sugar Land Crossroads_Property for Sale
12510-12520 W Airport Blvd, Sugar Land, TX, 77478-6189, US

Sugar Land Crossroads

Asset Description

JLL Capital Markets, on behalf of Sagard Real Estate (the “Seller”), is pleased to offer qualified investors the opportunity to acquire Sugar Land Crossroads (the “Property”), a recently constructed, Class-A, industrial park comprised of one front-load building and one cross-dock building totaling 326,807 square feet located in the premier Southwest Houston industrial submarket. Constructed in 2021, the Property is currently 100% leased to three tenants with 3.7 years of weighted average lease term remaining. The Property offers easy access to U.S. Highway 59, U.S. Highway 90, and Beltway 8 via West Airport Boulevard, providing superior multi-direction regional connectivity. With a 38%+ average mark-to-market upon tenant expiration, Sugar Land Crossroads offers new ownership the opportunity to secure strong in-place cash flow and capitalize on the robust rent growth occurring in the Houston industrial market.

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Attributes

Building area net
30,361 m²
Occupancy
100%
Year built
2021
WAULT
3.7 years
Call for offers
18/04/2024

Media

Investment Highlights

  • Recently-Constructed, Class-A, Institutional Quality Product
  • Value-Add Opportunity via Marking Rents to Market
  • Institutionally Preferred Submarket
  • Ideally Positioned Within Sugar Land Business Park
  • Southwest Submarket Outperformance
  • Limited Land Availability Proximate to the Property
Sugar Land Crossroads 4_Property for Sale
Sugar Land Crossroads 4_Property for Sale

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Sugar Land Crossroads (0 Properties)

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Last updated
10 Apr 2024