1410 Gillingham Lane — Sale in Sugar Land, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Sugar Land, TX 77478
  • Year built: 2001

Description

JLL Capital Markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the fee simple interest in 1410 Gillingham Lane (“the Property”). It is a 171,238 square foot industrial asset located in Houston’s Southwest submarket. The Property is located within minutes of major industrial thoroughfares Interstate 59 and Beltway 8. 1410 Gillingham is currently 100% leased to Frazier Ltd with 12.4 years of term remaining and favorable 2.8% average annual escalations. The irreplaceable infill location provides direct access to Sugar Land’s growing population base and quick access to Houston’s primary distribution arteries and the MSA as a whole. The Property has recently undergone a complete renovation and has been completed with state-of-the-art finishes including specialized assembly areas and corporate quality office space that serves as their headquarters. The Property presents investors with the opportunity to acquire a newly renovated, well located industrial asset 100% leased for 12.4 years to a well-established tenant with favorable 2.8% average annual escalations.

Market Context

This commercial property in Sugar Land, TX is listed for sale. The building dates to 2001. It has been on the market for 82 days. Compare it against other commercial property listings for sale in Sugar Land, TX — view the full market.

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