offering memorandum industrial investment …...houston is the fourth most populous city in the...
TRANSCRIPT
DISCLAIMER The above summary contains information provided to Clay & Co. by the seller of the property and is not intended as any representation by Clay & Co of the property’s condition, quality or dimensions, nor is the summary a substitute for the buyer’s own independent investigation and due diligence prior to the time of sale. All buyers and their agents must secure their own inspection and conduct their own due diligence before purchase.
Kevin DalrymplePartner
Kyle GearyAssociate
713-826-3648 [email protected]
Amy SilveyPartner
Clay & Company | 5151 San Felipe, Suite 1410 | Houston, Texas | 77056 | clay-co.com
76,026 SF Industrial BuildingBuild-to-suit for tenantLong-Term Net Lease
8130 McHard RdHouston, TX 77053
Offering Memorandum Industrial Investment Opportunity
DISCLAIMER The above summary contains information provided to Clay & Co. by the seller of the property and is not intended as any representation by Clay & Co of the property’s condition, quality or dimensions, nor is the summary a substitute for the buyer’s own independent investigation and due diligence prior to the time of sale. All buyers and their agents must secure their own inspection and conduct their own due diligence before purchase.
8130 McHard Rd, Houston, TX 77053Located one mile from Beltway 8 in Fort Bend County
7.45 acres allowing room for expansion
76,026 SF of office and manufacturing space built in 2013
Enduro Composites is a vertically integrated fiberglass solutions provider for applications in building construction, cable management, infrastructure, and process operations.
Seven (7) years remaining on a twelve-year lease. 3 renewal options each of 5-year terms. Landlord obligated for roof system, foundation and interior load bearing walls, beams or structures
$642,348
2% annual rent increases
8% Cap Rate
Clay & Company | 5151 San Felipe, Suite 1410 | Houston, Texas | 77056 | clay-co.com
Investment Highlights
LOCATION
LOT SIZE IMPROVEMENTS
TENANT
LEASE
RENT
RENT INCREASES PRICE
DISCLAIMER The above summary contains information provided to Clay & Co. by the seller of the property and is not intended as any representation by Clay & Co of the property’s condition, quality or dimensions, nor is the summary a substitute for the buyer’s own independent investigation and due diligence prior to the time of sale. All buyers and their agents must secure their own inspection and conduct their own due diligence before purchase.
Clay & Company | 5151 San Felipe, Suite 1410 | Houston, Texas | 77056 | clay-co.com
Tenant and Rent Roll
Enduro is a vertically integrated fiberglass solutions
provider offering customized and engineered
fiberglass solutions for cable management, building
products, water & waste treatment, and pipe & tank
products.
The company serves oil and gas, chemical and
petrochemical, water and wastewater, mining and
minerals, pulp and paper, metal processing, food
processing, and mass transit markets in the United
States and internationally. Enduro’s fiberglass
products are installed around the globe with
installations in the United States, Latin America,
Europe, Asia and the Middle East.
Fast Facts
Formed in 1954
Houston Headquarters
Three locations: Houston, Pearland, and Saudi Arabia
230,000 total square feet of manufacturing area with diversified processes
250+ Employees
DISCLAIMER The above summary contains information provided to Clay & Co. by the seller of the property and is not intended as any representation by Clay & Co of the property’s condition, quality or dimensions, nor is the summary a substitute for the buyer’s own independent investigation and due diligence prior to the time of sale. All buyers and their agents must secure their own inspection and conduct their own due diligence before purchase.
• Approximately 8,400 square foot office and 4,200 square foot second floor mezzanine; Approximately 63,426 SF warehouse
• 26’ to 48’ eave height• Six (6), 18’ x 20’ overhead doors• Four (4) overhead fans with 16’ blades• Fully-sprinklered building• 1,000 GSF flammable liquids storage room• Heavy electrical service (3-phase, 480v, 3,000A)• Four (4) 5-ton bridge cranes
• Four (4) 3-ton jib cranes• 121,610 SF of concrete paving • Perimeter chain link fence with access gate• 53 parking spaces with a ratio of 3.48 spaces per
1,000 SF of office space• Private septic system• Shared detention pond• 9’ ceilings in the office• Did not flood during Harvey
Building Details
Clay & Company | 5151 San Felipe, Suite 1410 | Houston, Texas | 77056 | clay-co.com
DISCLAIMER The above summary contains information provided to Clay & Co. by the seller of the property and is not intended as any representation by Clay & Co of the property’s condition, quality or dimensions, nor is the summary a substitute for the buyer’s own independent investigation and due diligence prior to the time of sale. All buyers and their agents must secure their own inspection and conduct their own due diligence before purchase.
Houston is the fourth most populous city in the United States with 2.2 million residents. The metro area’s 2016 population of 6.7 million ranks fifth among U.S. metropolitan statistical areas. Houston was the fastest growing metro in 2015 (adding 159,419 residents) and the second fastest growing in 2016 (gaining 125,005 residents). The Perryman Group forecasts the Houston metro to add 3.1 million residents between 2015 and 2040 and for the region’s real GDP to more than double between 2015 and 2040.
Houston is considered the nation’s demographic future boasting one of the youngest, racially and ethnically diverse populations in the country. The Houston region has no racial or ethnic majority and more than a quarter of the population is younger than 20 years old.
Houston’s economy has a broad industrial base in energy, manufacturing, aeronautics, and transportation. In 2016, the Port of Houston ranked first in foreign tonnage among U.S. ports for the 20th consecutive year and first in import tonnage for the 25th consecutive year. The Houston MSA is home to 24 Fortune 500 headquarters, ranking third among metro areas.
Houston, Texas
Clay & Company | 5151 San Felipe, Suite 1410 | Houston, Texas | 77056 | clay-co.com
DISCLAIMER The above summary contains information provided to Clay & Co. by the seller of the property and is not intended as any representation by Clay & Co of the property’s condition, quality or dimensions, nor is the summary a substitute for the buyer’s own independent investigation and due diligence prior to the time of sale. All buyers and their agents must secure their own inspection and conduct their own due diligence before purchase.
Clay & Company | 5151 San Felipe, Suite 1410 | Houston, Texas | 77056 | clay-co.com
Area Businesses
DISCLAIMER The above summary contains information provided to Clay & Co. by the seller of the property and is not intended as any representation by Clay & Co of the property’s condition, quality or dimensions, nor is the summary a substitute for the buyer’s own independent investigation and due diligence prior to the time of sale. All buyers and their agents must secure their own inspection and conduct their own due diligence before purchase.
Clay & Company | 5151 San Felipe, Suite 1410 | Houston, Texas | 77056 | clay-co.com
Site Plan
DISCLAIMER The above summary contains information provided to Clay & Co. by the seller of the property and is not intended as any representation by Clay & Co of the property’s condition, quality or dimensions, nor is the summary a substitute for the buyer’s own independent investigation and due diligence prior to the time of sale. All buyers and their agents must secure their own inspection and conduct their own due diligence before purchase.
Clay & Company | 5151 San Felipe, Suite 1410 | Houston, Texas | 77056 | clay-co.com
Kevin Dalrymple 558302 [email protected] 713-722-1250