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|Call for Offers||2022-05-13|
JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors the opportunity to acquire 1251 Clay Court (the “Property”), a 104,315 square foot front-load industrial warehouse located within Battleground Business Park in Deer Park, TX. The Property is currently 100% leased to Delta Petroleum Company with 11 years of remaining lease term after their recent renewal. With the renewal, the Property was upgraded with LED lighting in the warehouse and the tenant was provided $600,000 to complete additional upgrades throughout the Property over the next 24 months. The Property offers investors the opportunity to acquire a newly-renovated, single tenant property with 11 years of remaining lease term that is located in one of Houston’s institutionally-preferred submarkets.
· Premier Port of Houston Location
· Newly-renovated, Irreplaceable, Institutional-Quality Industrial Product
· 100% Leased to Delta Petroleum Company, Inc. For 11 Years
· Record Breaking Leasing Velocity And Fundamentals
· Houston: Nation-Leading Growth