Industrial & Logistics

Park 225 - Johnson Controls BTS

4111 Green Shadow Dr Pasadena, Texas United States 77503-1429
Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate

Documents

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I accept the confidentiality agreement

You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Year Built 2018
Building Area

Property Description

JLL Capital Markets, on behalf of the seller, is pleased to offer qualified investors

the opportunity to acquire Park 225 (the “Property”), a 100% leased, 29,954

square foot single-tenant asset located in Houston’s Southeast submarket. The

Property was recently completed in 2020 as a build-to-suit and features 40 ton

crane capability as well as direct access to both Beltway 8 and Highway 225.

The tenant, Johnson Controls International, has 10 years of term remaining and

investment grade credit. Park 225 offers investors the opportunity to acquire a

stabilized, cash-flowing property in Houston’s institutionally preferred submarket.

Investment Highlights

PREMIER SOUTHEAST LOCATION NEAR PORT OF HOUSTON


INVESTMENT GRADE TENANCY WITH 10 YEARS OF REMAINING TERM AND 3%

ANNUAL RENT INCREASES


NEW CONSTRUCTION WITH PROVEN SPONSORSHIP


PROXIMITY TO CRITICAL OPERATIONS/LOCATIONS


PETROCHEMICAL HUB OF THE UNITED STATES

Last Updated Date: 31 Jul 2020
Trent Agnew
Trent Agnew
Managing Director, Capital Markets
License details
TX-574897
Charlie Strauss
Charlie Strauss
Director, Capital Markets

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Last Updated Date: 31 Jul 2020

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