0 John F Kennedy Blvd Houston, TX 77039
This exceptional Class A, 110,250-square-foot distribution center, built in 2023, is available for immediate occupancy. Located in Harris County, Texas, just outside Houston city limits, this single-story building sits on a 7.6-acre lot and boasts 30 dock-high doors and two grade-level doors. The 32-foot clear height provides ample vertical space, complemented by a 1,200-amp, 480V, 3-phase power supply (upgradeable to 2,000 amps). The building features a rear-load configuration and approximately 2,600 square feet of spec office space. Column spacing is 50' x 52' (60' speed bays), and construction is of concrete tilt-up panels. Ample parking is available with 189 car parks and potential for 32 trailer spots. The property includes an ESFR sprinkler system. This owner/user investment opportunity is priced at $16,537,500 ($150/sq ft). The property benefits from excellent access to Beltway 8, Hwy 59, Hwy 45, and Houston Intercontinental Airport (IAH). The site is part of a deed-restricted park with professional management and regional detention. The property is vacant and ready for immediate occupancy, starting February 1, 2024.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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