Industrial & Logistics

7390 Northcourt - Crawford Electric Company

7390 Northcourt Rd Houston, Texas United States 77040-4379
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

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Attributes

Building Area

Property Description

Jones Lang LaSalle (JLL), on behalf of the owner, is pleased to present the opportunity to purchase the fee simple interest in 7390 Northcourt, a 139,500 square feet single tenant industrial facility that is 100% leased to Crawford Electric Supply Co. in Houston, TX. The property is located in the highly desirable Northwest submarket and offers a high quality gated facility with quick access to Highway 290 and the Sam Houston Tollway.

The property is leased to Crawford Electric Supply Co., a Houston based electrical equipment supplier and distributor who recently extended the lease term for an additional three year period. 7390 Northcourt offers investors the opportunity to acquire a high quality asset in a land constrained location that has the flexibility to cater to a wide variety of tenants looking for a marquee facility including e-commerce.

Investment Highlights


•   Single tenant net leased asset through December 2024

•   Preferred institutional infill submarket

•   Proximity to major thoroughfares

•   Ideal site for future e-commerce use

•   Strong property type fundamentals

•   Significant barriers to entry

Last Updated Date: 07 Sep 2020
Rusty Tamlyn
Rusty Tamlyn
Senior Managing Director, Industrial Group Leader
License details
TX-0225187
Trent Agnew
Trent Agnew
Managing Director, Capital Markets
License details
TX-574897

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+84869421324
Last Updated Date: 07 Sep 2020

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