DHT-4 Last Mile

JLL Capital Markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the fee-simple interest in DHT4 - Last Mile (the “Property”). This newly constructed, Class A last mile facility totals 141,360 square feet and is located in Houston’s premier Northwest submarket. The Property delivered in 2022 and is 100% leased to the world’s largest e-commerce user on a long-term, triple net lease with 2.00% annual rental escalations and four (4), five (5)-year Fair Market Value renewal options. The Tenant is fully operational and completed it’s move into the facility in Q3 2024.

Situated on approximately 37 acres, the low coverage nature of the site allows for ample parking capacity significantly benefiting the Tenant’s business model by enabling efficient fleet management, facilitating sorting and loading processes, and improving last-mile efficiency. Given the Tenant’s unique flow-through last-mile distribution model, the asset provides remarkable circulation and logistics capabilities with a total of 233 auto parking spaces and 940 van parking spaces. This allows the Tenant to house a large number of delivery vehicles on-site and provides space for organized queuing and staging of vans, streamlining the loading process and reducing idle time.

Proximate to some of the fastest growing communities in the country, the Property boasts immediate access to a deep workforce and the center of Houston’s geographical population. The Property’s infill Northwest location, with easy access to Beltway 8 and Highway 290, is the “Main-and-Main” destination for Houston’s industrial tenants serving the dense population in Northwest Houston.

DHT4 - Last Mile presents investors with a unique opportunity to acquire a state-of-the-art last mile facility in one of the most fundamentally strong markets in the

country. This investment offers long-term, stable cash flow backed by a leading e-commerce giant.