1560 Industrial_Property for Sale
1560 Industrial_Property for Sale
1560 Industrial Dr, Missouri City, TX, 77489, US

1560 Industrial

Asset Description

JLL is pleased to offer qualified investors the opportunity to purchase the fee simple interest in the 1560 Industrial ("the Property"), a 21,038 square foot light-industrial asset located within the sought after submarket of Southwest Houston. The asset is currently 100% leased with 2.8 years of weighted average lease term and a 15%+ average mark-to-market opportunity upon tenant expiration. Strategically located along Highway 90, the Property features highly functional building dimensions and specs ideal for smaller tenants in today's market, including dock- high and grade-level loading, 22’ clear heights, & 16% office finish. The Property is priced well below replacement cost with a prime location surrounded by institutional ownership. 1560 Industrial presents an excellent opportunity to acquire a highly functional light-industrial asset in the heart of Southwest Houston.

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Attributes

Building area net
21,038 sf
Occupancy
100%
Year built
1982
Land area gross
1.16 acres
WAULT
2.8 years

Media

Investment Highlights

  • Strategic Location In Southwest Houston
  • Urban Infill Location Surrounded By Institutional Ownership
  • Value-Add Opportunity Via Significant Mark-To-Market
  • Unique Smaller Tenant Product Insulated From Future Supply
  • Distribution Location Within Reach of 25 Million Residents
1560 Industrial 4_Property for Sale
1560 Industrial 4_Property for Sale

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1560 Industrial (0 Properties)

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Last updated
31 Jan 2024