Freestanding Industrial Distribution
15646 Ennis Rd Sugar Land, TX 77498
For Sale
Contact for pricing
Pending
Fee-simple industrial distribution property with modified gross lease and landlord limited to roof and structure.
Days on Market104
Property Features for 15646 Ennis Rd
General Information
- Standard status
- Pending
- Property subtype
- Industrial
Listing Agency:
SRS Real Estate Partners Salt Lake City
(801) 410-1621
Listed By:
Jack Cornell · License #UT 9518385-SA00
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 23 at 7:37AM
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.
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
Location Intelligence
Current Use by Public Records
SRS Building Products
Big Box & Wholesale Store
Irene OnTheGo Four ...
Law Firm
FAQs
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.
