
Fairbanks Northwest Distribution Center
7810 Fairbanks North Houston Road, Houston, TX, 77040, US
357,570 sf
JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire Corporate Center Fannin (the “Property”). Located just outside of Houston’s most inner loop, Highway 610, the Property is just 7.5 miles from Houston’s CBD. The Property features two, Class A industrial buildings totaling 370,264 square feet with cross-dock and front-load capabilities. The irreplaceable, infill location with convenient access to Loop 610 and Hwy 288 position the Property to have unparalleled distribution capabilities across the city.
Corporate Center Fannin is home to a diverse range of suite sizes and configurations featuring a 218,966 square foot cross-dock and a 151,298 square foot front-load building with tenant footprints ranging from 27,000 square feet to over 150,000 square feet. The Property sits just 3.7 miles from the Texas Medical Center, the largest medical center in the world, making this a mission critical location for many of the Property’s tenants supporting medical operations.
Currently 100% leased with 2.5 years of weighted average lease term remaining and a 20% average mark-to-market opportunity at expiration, potential investors have the opportunity to acquire infill Class A industrial in one of the most fundamentally sound industrial markets in the country today.