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Freestanding Industrial Distribution Facility
For Sale
Contact for pricing
Pending

15646 Ennis Rd, Sugar Land, TX 77498

Fee-simple industrial distribution property with modified gross lease and landlord limited to roof and structure.

Property SizeContact for details
Days on Market116

Property Features for 15646 Ennis Rd

General Information

Standard status Pending
Property subtype Industrial

Additional Details

Traffic Count 6,100 vehicles/day

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners Salt Lake City
Listed By: Jack Cornell · License #UT 9518385-SA00
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Aug 5 at 6:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Salt Lake City

Investment Insights

Based on property information with market context.

SRS National Net Lease Group is pleased to offer the fee simple interest (land and building ownership) in a corporate-signed, freestanding Southern Shingles distribution property. The property is currently leased on a modified gross basis, with landlord responsibilities limited to the roof and structure. SRS Distribution Inc. has recently executed a 5-year lease extension, establishing an initial term through August 2025 and two additional 5-year options to extend. The lease includes an approximate 1% annual rental increase throughout the initial term.

The asset is located along W Bellfort Boulevard (6,100 VPD), a street that connects directly with State Highway 6, a major commuter thoroughfare averaging 62,900 vehicles passing through daily. State Highway 6 also serves as a primary retail corridor with a variety of national/credit tenants, including The Home Depot, Kroger, Petco, Walgreens, LA Fitness, CVS Pharmacy, Dollar Tree, Family Dollar, and more. The property is positioned about 4 miles east of a new, state-of-the-art Amazon Fulfillment Center expected to open in 2021, and the surrounding area includes nearby residential communities.

Key Highlights

  • Fee‑simple ownership (land & building) of a freestanding Southern Shingles industrial distribution property in Sugar Land, TX (Houston MSA).
  • Corporate‑signed lease with SRS Distribution Inc. includes a 5‑year extension through August 2025 plus 2 additional 5‑year options.
  • Modified gross lease structure with landlord responsibilities limited to roof and structure.

Property Analytics

Current Use

SRS Building Products Big Box & Wholesale Store Irene OnTheGo Four ... Law Firm

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6,100 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 77498, TX

51,472
Population
18,236
Households
2.8
Avg Household Size
38
Median Age
43%
College-Educated
89%
High-School Grad
16.1 sq mi
ZIP Area
3,197
Density / Sq Mi
$98,394
Median Household Income
$44,063
Median Earnings
$1,831
Median Rent
$281,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Distribution center - Fee-simple industrial distribution property with modified gross lease and landlord limited to roof and structure.
Where is this distribution center located?
The property is located at 15646 Ennis Rd Sugar Land, TX.
What are key features of this property?
This property features: Fee‑simple ownership (land & building) of a freestanding Southern Shingles industrial distribution property in Sugar Land, TX (Houston MSA).; Corporate‑signed lease with SRS Distribution Inc. includes a 5‑year extension through August 2025 plus 2 additional 5‑year options.; Modified gross lease structure with landlord responsibilities limited to roof and structure.
(801) 410-1621 Call to check price and availability
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