Industrial    

ITT Inc. (S&P: BBB)

 Stafford (Houston), TX

Asking Price:

$8,336,077

Cap Rate:

6.50%

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NOI

$535,156

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Square Feet

50,338 SF

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Expenses

Abs NNN

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Land

4.2 Acres

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5-mi Pop

419K+

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Investment-Grade Credit (S&P: BBB) | ITT: Global Industry Leader with $2.84B in Revenues
  • Recent Lease Extension
  • Absolute NNN with Zero Landlord Responsibilities
  • Annual Rental Increases
  • Mission-Critical 1999 Build-to-Suit with Multiple Lease Extensions Made
  • Strong Interstate-Adjacent Industrial Park
  • Mature Submarket with Strong Recent Performance
  • Dense Demographics with High Growth: 410,000+ Population within 5-Mi. Radius

Exclusively Listed By

Jason Powell

Senior Vice President
  jpowell@northmarq.com   

Max Van Dresser

Associate Vice President
  mvandresser@northmarq.com   

Tyler McCain

Investment Sales Analyst
  tmccain@northmarq.com   

In Association With
James W. Gibson

TX Lic. #392926

Northmarq

3340 Peachtree Road NE | Suite 650
Atlanta, GA 30326


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