Documents
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Attributes
Year Built | 2018 |
Building Area Net |
|
Occupancy | 100.0 % |
Call for Offers | 2022-06-21 |
Asset Description
Jones Lang LaSalle (“JLL”), as the exclusive advisor to the Owner, is pleased to present the opportunity to purchase a 100% fee-simple interest in Emser Tile at Pinto Business Park (the “Property”), a Class A, state-of-the-art distribution building strategically located at the intersection of Interstate 45 and Sam Houston Parkway, near George Bush Intercontinental Airport. The Property totals 601,426 square feet and is 100% leased to Emser Tile, the largest privately-held designer and marketer of tile and natural stone in the United States. Investors have the unique opportunity to acquire a well located, leased asset at a low relative basis and with rents 34% below market upon tenant expiration.
Investment Highlights
· Premier Business Park With Exceptional Access
· Superior Regional Connectivity
· Class A State-Of-The-Art Facility
· Strong National Tenant
· Strategic Emser Tile Distribution Facility
· Secure Cash Flow With Significant Near Term Upside
· Houston: Nation-Leading Growth