Documents
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Key facts
| Year Built | 1980 |
| Building Area Net |
|
| Occupancy | 100.0 % |
Property description
Jones Lang LaSalle (“JLL”), as the exclusive advisor to the Owner, is pleased to present the opportunity to purchase the fee simple interest in 21250 Foster Road (the “Property”), a 68,067 square foot, Class B, single-tenant industrial facility in Spring, TX. The Property is currently 100% leased to Ferguson Enterprises, Inc and provides exceptional regional connectivity with convenient access to I-45 via Spring Cypress Road as well as the Grand Parkway via Holzwarth Rd. The facility has served as a mission-critical location for the tenant since 1989 with the property’s location allowing them to service Spring and North Houston compared to their closest competition who is located in Tomball or further North.
Investment highlights
· Net Lease Credit Tenancy
· Versatile Light Industrial Product
· Proximity To Transportation Infrastructure
· Record Breaking Leasing Activity
· Nation Leading Growth
Similar Properties
View moreThe value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.
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