Attributen
Objectomschrijving
JLL Capital Markets is pleased to offer qualified investors the opportunity to acquire Cedar Port Park (the “Property”), a recently constructed, Class-A, industrial park comprised of four front-load buildings totaling 210,937 square feet located in the Southeast Houston Industrial Submarket. Built in 2021, the Property is currently 100% leased to two tenants with 6.1 years of weighted average lease term remaining. The well-positioned industrial park is a just a half-mile from State Highway 99 and eight miles from I-10 offering ease of access to both container terminals and the broader Houston market.
The Property features best-in-class building characteristics such as 32’ clear heights, large 200’ truck courts, ESFR sprinkler systems and high quality office finishes. Additionally, the Property was built to cater to a demand for smaller buildings within the master-planned Cedar Port Industrial Park. Buildings 1 and 2 feature 20-ton crane capacity and building 1 is already equipped with a 2-ton crane. All buildings also feature heavy power (1,000 amps) further differentiating this product. The largest tenant, Metrix Logistics, occupies three of the four buildings with each being for a different contract/client that require a freestanding building, ensuring a high likelihood of renewal.
Situated within Cedar Port Industrial Park, the largest master-planned, rail-and-barge-served industrial park in the U.S. and the fifth-largest in the world, the Property offers access to public barge and rail terminals just a mile away. The approximately 15,000-acre campus features heavy utilities and exceptional infrastructure and is home to industry-leading users such as Walmart, GE, IKEA, DHL, and The Home Depot.
Cedar Port Park offers new ownership the opportunity to secure strong in-place cash flow and capitalize on the robust tenant demand in the Southeast submarket.
Investeringskenmerken
- Recently Constructed, Class-A Product
- Unique Product Catering to Underserved Tenant Segment
- Strategic Southeast Houston Distribution Location
- Located Within Premier Master Planned Industrial Park
- Positioned to Capitalize on Port of Houston Growth
- Distribution Location Within Reach of 25 Million Residents
Media
![Cedar Port Park 4_Pand te koop](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_876,q_auto,c_scale/v1712776140/Prod/DealX/Img/5ca31467-7b18-4724-939d-d205d0c0d624.jpg)
![Cedar Port Park 4_Pand te koop](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_1100,q_auto,c_scale/v1712776158/Prod/DealX/Img/a0741f18-0e46-4b49-a34b-e047b619048e.jpg)
![Cedar Port Park 0_Pand te koop](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1712776172/Prod/DealX/Img/730ef3a0-6b91-43b4-b357-b745e0ae8202.jpg)
![Cedar Port Park 0_Pand te koop](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1712776172/Prod/DealX/Img/730ef3a0-6b91-43b4-b357-b745e0ae8202.jpg)
![Cedar Port Park 1_Pand te koop](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1712776200/Prod/DealX/Img/346dd148-37ea-4107-8d1a-b0c158080942.jpg)
![Cedar Port Park 1_Pand te koop](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1712776200/Prod/DealX/Img/346dd148-37ea-4107-8d1a-b0c158080942.jpg)
![Cedar Port Park 2_Pand te koop](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_410,q_auto,c_scale/v1712776204/Prod/DealX/Img/fe5c0dd7-ca09-4dbc-82bd-e6f7120f8866.jpg)
![Cedar Port Park 2_Pand te koop](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1,c_crop/w_324,q_auto,c_scale/v1712776204/Prod/DealX/Img/fe5c0dd7-ca09-4dbc-82bd-e6f7120f8866.jpg)