8300 Telephone Rd

JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire a fee simple interest in 8300 Telephone Rd (the “Property”) located in the South Houston submarket. The Property is a 109,096 SF shallow-bay industrial building situated on 6.20 acres with frontage on Texas State Highway 35/Telephone Rd. The irreplaceable location directly adjacent to William P. Hobby Airport that supports 41,394 jobs and $2.5B in labor income benefit the area surrounding the Property. Texas State Highway 35/Telephone Rd directly leads the Property to both of the major Houston interstate loops, Loop 610 and Sam Houston Tollway within minutes, connecting the Property to the Greater Houston MSA.

8300 Telephone Rd is leased to two tenants—McWane Plant & Industrial (76,858 SF) and First Choice Fasteners (32,238 SF)—both tenants benefit from their proximity to the Port of Houston and the robust labor pool in the South submarket. In addition to the two tenants, there is an opportunity to add value via leasing up a ±0.75 acre lay-down yard in the front of the Property.

The Property is currently 100% leased with 3.8 years of weighted average lease term remaining. Potential investors have the unique opportunity to increase revenue via leasing up the IOS yard in the front of the Property, and enjoy the steady cash flow via the existing tenants.