Freestanding NNN Investment
For Sale
Contact for pricing
Pending
15640 Ennis Rd, Sugar Land, TX 77498
A new lease provides two extension options and places no landlord responsibilities on the owner.
Property SizeContact for details
Days on Market144
Property Features for 15640 Ennis Rd
General Information
Standard status
Pending
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
SRS Real Estate Partners Salt Lake City
(801) 410-1621
Listed By:
Jack Cornell · License #UT 9518385-SA00
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 8:44AM
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.
The offering comprises fee simple ownership of a freestanding property occupied by International Piping and Procurement Group. At closing, the tenant will execute a new 10-year absolute NNN lease with two 5-year extension options. Contractual rent increases are set at 1.75% annually during both the initial term and option periods, while the lease assigns zero landlord responsibilities.
The property is located at 15640 Ennis Rd in Sugar Land, Texas, within the Houston MSA. W Bellfort Boulevard records 6,100 VPD and connects directly to State Highway 6, which carries 62,900 vehicles daily and functions as a retail corridor with national and credit tenants including The Home Depot, Kroger, Petco, Walgreens, LA Fitness, CVS Pharmacy, Dollar Tree, and Family Dollar.
The surrounding 5-mile trade area includes more than 330,000 residents and 76,000 daytime employees, with average household income of $87,000. The site is also 4 miles east of an Amazon Fulfillment Center described as scheduled to open in 2021 and expected to bring 1,000 jobs to the area.
The property is located at 15640 Ennis Rd in Sugar Land, Texas, within the Houston MSA. W Bellfort Boulevard records 6,100 VPD and connects directly to State Highway 6, which carries 62,900 vehicles daily and functions as a retail corridor with national and credit tenants including The Home Depot, Kroger, Petco, Walgreens, LA Fitness, CVS Pharmacy, Dollar Tree, and Family Dollar.
The surrounding 5-mile trade area includes more than 330,000 residents and 76,000 daytime employees, with average household income of $87,000. The site is also 4 miles east of an Amazon Fulfillment Center described as scheduled to open in 2021 and expected to bring 1,000 jobs to the area.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- New 10‑year lease at closing with 2 (5‑year) extension options
- Lease includes 1.75% annual rental increases through the initial term and options
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - A new lease provides two extension options and places no landlord responsibilities on the owner.
Where is this nnn property located?
The property is located at 15640 Ennis Rd Sugar Land, TX.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; New 10‑year lease at closing with 2 (5‑year) extension options; Lease includes 1.75% annual rental increases through the initial term and options
