Aegeus Inspection Solutions

Investment Overview

Trade Properties, on behalf of Ownership, is pleased to offer for sale 11801 S Sam Houston Parkway W in Houston, Texas. The offering represents the opportunity to acquire a ±20,060 SF building (±9,860 SF industrial & ±10,200 SF office) on ±1.66 AC in Houston, Texas, the nation's sixth-largest market economy and a premier global trade hub. Built in 2006, the metal building with brick façade is 100% leased to Aegeus Inspection Solutions on a NNN lease with 3.0% annual escalations and no remaining tenant renewal options offering landlord flexibility . Aegeus Inspection Solutions provides non-destructive testing, inspection, and engineering solutions for energy, defense, and aerospace. Aegeus has been at this location since February 2007. The property offers stable NNN income with Beltway 8 frontage (115,000 VPD) and excellent visibility. The Property features an attractive brick façade, 100% HVAC, three grade-level doors, and more than one half-acre of fenced, gated, and paved outdoor storage.

Investment Highlights

• LONG-TERM TENANT - Tenant in place since Feb 2007 with a current lease through 3/31/2029, no renewal options
• 3.0% ANNUAL RENT ESCALATIONS - Current NOI of $268,149 ($13.37 PSF)
• ESTABLISHED TENANT - Aegeus Inspection Solutions, 40+ years in US energy/defense/aerospace
• 2006 CONSTRUCTION - ±20,060 SF metal building with pitched roof on ±1.66-acre lot, attractive brick facade
• SINGLE-TENANT, 100% OCCUPIED - True passive NNN investment with minimal landlord responsibilities
• HIGHLY FUNCTIONAL BUILDING - Building features ±24' eaves, full HVAC, 3-phase power, three 14'x14' grade-level rear doors
• OUTSIDE STORAGE/CONTRACTOR YARD - Fenced and paved rear yard offering secure storage for trucks, equipment, and materials
• PRIME HOUSTON LOCATION - Beltway 8 frontage with excellent visibility, highly desirable commercial corridor with 115,000+ vehicles per day
• INCOME TAX-FREE STATE - Texas has no state income tax