Jones Lang LaSalle (“JLL”), as the exclusive advisor to the Owner, is pleased to present the opportunity to purchase the fee simple interest in Cedar Port Logistics (the “Property”), a 643,940 square foot distribution center in Baytown, TX. The Property is currently 100% leased to The WebstaurantStore, Inc. through December 2031 with 2.25% annual rent increases and rent 17.3% below market upon tenant rollover, and located within Cedar Port Industrial Park, the largest master-planned retail-and-barge-served industrial park in the United States.
· Newly Constructed, State-of-the-Art Facility
· Strong National Tenancy
· Located within TGS Cedar Port Industrial Park
· Record Breaking Leasing Activity In Q2 2021
· Strategic Southeast Houston Location Near Port of Houston
· Houston: Nation-Leading Growth