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Key facts
Year Built | 2021 |
Building Area Net |
|
Occupancy | 100.0 % |
Property description
JLL Capital Markets, on behalf of National Property Holdings, is pleased to present the opportunity to purchase the fee simple interest in Republic Business Center (the “Property’) - a new 141,360 square foot last mile distribution warehouse located in the institutionally preferred Northwest industrial submarket in Houston. The Property is 100% leased to a leading e-commerce user with 10.8 years of term remaining and 2.00% annual bumps. Located on 33.7 acres and with 1,120 parking spaces, Republic Business Center is a state-of-the-art last mile distribution facility well located to serve the growing population in Northwest Houston. Investors have the unique opportunity to acquire a newly-constructed, single-tenant asset leased to one of the most desirable investment grade tenants in the world.
Investment highlights
· 100% Leased To A Leading E-Commerce User
· AA- Credit Guaranty
· State-Of-The-Art Facility Built To The Highest Institutional Standards
· Texas Triangle
· E-Commerce Shift
· Located At The Center Of Houston's Population Boom
· Mission Critical Location With Unparalleled Accessibility