Industrial & Logistics

Penske South Belt Central Houston

4861 S Sam Houston Pkwy E, Houston, TX, 77048, US

Penske South Belt Central Houston_Property for Sale


Penske South Belt Central Houston 2_Property for Sale

Asset Description

JLL Capital Markets, on behalf of Investment & Development Ventures, LLC (the "Seller" or “IDV”), is pleased to offer qualified investors the opportunity to acquire South Belt Central - Building 4 (the "Property"), a newly constructed, Class A, cross-dock industrial building totaling 603,389 square feet. The Property is located within South Belt Central Business Park, a 3.3 million square foot business park with nearly a mile of frontage along Beltway 8, providing access to both the Port of Houston and the city’s robust population base. Delivering in Q1 2023, the building is currently 100% leased to Penske Logistics with 7.0 years of lease term remaining. With 3.50% annual rental escalations, new ownership has the opportunity to secure long-term cash flow via exceptional tenancy in a brand-new, state-of-the-art facility located in South Belt Central Business Park within Houston’s South submarket.


Building area Net
56,057 m²
Year built

Investment Highlights

·    Located in A Best-In-Class Business Park

·    Newly-Constructed Institutional Asset

·    Strong National Tenant with Favorable Rental Escalations

·    Strategic Location Providing Regional Connectivity

·    Excellent Access To The Texas Medical Center

·    Easy Accessibility To The Port Of Houston

·    South Submarket Outperformance

Penske South Belt Central Houston 4_Property for Sale
Penske South Belt Central Houston 4_Property for Sale

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Last updated
7 Mar 2023