Industrial Properties
15646 Ennis Road Sugar Land, TX 77498
Details & Description
Price: $4,500,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a modified gross leased, corporate signed, freestanding, Southern Shingles investment property located in Sugar Land, Texas (Houston MSA). The tenant, SRS Distribution Inc., recently executed a 5-year lease extension providing for an initial term through August 2025 with 2 additional (5-year) options to extend, demonstrating their commitment to the site. The lease features an approximate 1% annual rental increase throughout the initial term, steadily growing NOI and hedging against inflation. The lease is modified gross with landlord responsibilities limited to roof and structure. SRS Distribution Inc. is one of the fastest growing building products distribution companies in the United States with over 300 locations in 42 states.
    Listing Agents
    Jack Cornell

    O: 801-410-1621
    M: 570-762-6075
    jack.cornell@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    15646 Ennis Road

    Sugar Land, TX 77498

    Listing ID: 253771
    • 15646 Ennis Road Sugar Land, TX 77498 | for Sale | Photo 1
    • 15646 Ennis Road Sugar Land, TX 77498 | for Sale | Photo 2
    • 15646 Ennis Road Sugar Land, TX 77498 | for Sale | Photo 3
    15646 Ennis Road | for Sale | Thumbnail 1
    15646 Ennis Road | for Sale | Thumbnail 2
    15646 Ennis Road | for Sale | Thumbnail 3
    Building Size: 30,000 SF
    Lot Size: 2.000 AC
    Land Size: 87,120 SF
    Building $/SF: $150.00
    Land $/SF: $51.65
    Price
    $4,500,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a modified gross leased, corporate signed, freestanding, Southern Shingles investment property located in Sugar Land, Texas (Houston MSA). The tenant, SRS Distribution Inc., recently executed a 5-year lease extension providing for an initial term through August 2025 with 2 additional (5-year) options to extend, demonstrating their commitment to the site. The lease features an approximate 1% annual rental increase throughout the initial term, steadily growing NOI and hedging against inflation. The lease is modified gross with landlord responsibilities limited to roof and structure. SRS Distribution Inc. is one of the fastest growing building products distribution companies in the United States with over 300 locations in 42 states.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Houston History of Industrial Properties for Sale

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    Sugar Land Area Market Trends

    Listing Demographics for 15646 Ennis Road Sugar Land, TX 77498

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,252137,656325,622
    Population Median Age353535
    Population by Age0-9 Yrs1447 (12%)19427 (14%)45464 (13%)
    10-19 Yrs2242 (19%)21359 (15%)46706 (14%)
    20-29 Yrs1274 (11%)20541 (14%)49473 (15%)
    30-39 Yrs1454 (12%)18402 (13%)45776 (14%)
    40-49 Yrs1640 (14%)19163 (13%)44814 (13%)
    50-59 Yrs1558 (13%)17857 (12%)41563 (12%)
    60-69 Yrs984 (8%)12995 (9%)32221 (9%)
    70+ Yrs653 (5%)7911 (5%)19605 (6%)
    Median HH Income$69,566$70,224$65,298
    Total Household Income< 24K443 (14%)5482 (13%)15971 (16%)
    25-49K617 (19%)8236 (20%)21727 (21%)
    50-74K659 (21%)7576 (18%)18492 (18%)
    75-99K364 (11%)6168 (15%)13331 (13%)
    100-199K936 (30%)10322 (25%)23230 (23%)
    200K+91 (2%)2150 (5%)6643 (6%)
    Highest Education LevelNo Diploma11241303533222
    Diploma or GED15242024449337
    Some College15611945444667
    Assoc. Degree611625914806
    Bachelors Degree13491824345061
    Higher Degree739930123010
    Total Housing Units3,35341,701105,861
    --Owner-Occupied2,26428,00862,178
    --Renter-Occupied84511,92637,215
    Owner-Occupied Values< 100K15726646606
    100-199K13161435528801
    200-299K633758215801
    300-399K13023676320
    400-499K76242284
    500K+214162366
    Total Working Age Population8,531105,710251,917
    In Work Force5,36071,959169,885
    Not In Work Force3,17133,75182,032
    Workforce Employed5,13368,078160,631
    Workforce Unemployed2273,8179,075
    Civlian Workforce5,36071,895169,706
    Military Workforce064179
    Total Households3,10939,93399,393
    Family Households2,74633,04778,267
    Non-Family Households3636,88721,126
    Married Couple2,11624,55755,923
    Other Family6308,49022,344
    Married w/Child1,16811,98126,286
    Single Male w/Child869192,238
    Single Female w/Child2563,3308,966

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Brazoria County241,767+30313,166+20375,869+20452,517
    Fort Bend County354,452+65585,375+44840,383+431,203,029
    Harris County3,400,578+204,092,459+224,978,845+195,924,750

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 15646 Ennis Road in Sugar Land?
    The asking price for 15646 Ennis Road is $4,500,000
    What is the building size of this Industrial property in Sugar Land, TX?
    The size of the building/unit at 15646 Ennis Road in Sugar Land is 30,000 square feet
    How much land does the Sugar Land, TX property at 15646 Ennis Road include?
    15646 Ennis Road in Sugar Land includes 2.000 acres of land
    What kind of Industrial is the propery at 15646 Ennis Road?
    The property at 15646 Ennis Road Sugar Land, TX 77498 is listed as a Distribution Industrial property
    What is the population within 1 mile of 15646 Ennis Road in Sugar Land?
    The population within 1 mile of 15646 Ennis Road Sugar Land, TX 77498 is 11,252 people.
    Who do I contact for questions about 15646 Ennis Road?
    You should contact the listing agent, Jack Cornell, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    William P Hobby Airport (HOU) 23
    George Bush Intercontinental Houston Airport (IAH) 29
    Austin Bergstrom International Airport (AUS) 126
    Price
    $4,500,000
    Listing Agent
    More listings from Jack Cornell
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