Houston, TX - Santini

Description:

• ~5 years remaining of term remaining
• The lease features 2.50% annual rental increases throughout the term, providing a hedge against inflation and steadily growing NOI

• The Port of Houston is the first ranked port in the United States for total waterborne tonnage and the second ranked in total foreign cargo value
($242.3 billion)
• The Port of Houston is also the largest container port on the Gulf Coast, handling 73% of U.S. Gulf Coast container traffic
• The asset is located in close proximity to the confluence of Interstates 10 & 610, which see over 306,300 vehicles pass by daily and serve as major arteries for the Houston Metropolitan Area
• The property is located in the center of a major distribution hub featuring notable companies such as Anheuser-Busch, Kroger, and Tyson Foods as well as the Union Pacific Englewood Railyard

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Listing ID: a28TP0000010gTJYAY