The Project is a 82,120 sqft retail building on 4.44 acres at the corner of Westheimer Rd & Gessner Rd in Houston, TX. This dense location boasts daytime employment of over 126,000 employees within 3 miles of the property, and over 550,000 residents living within 5 miles of the property with an average income of over $75,000 radius.
HIGHLIGHTS
Credit-Tenant Property
Net-leased to Tesla to serve as the Houston hub for Tesla
Class-A location with 333 feet of frontage along primary thoroughfare
$30M Asset Value / ~$1.75M of NOI with rent escalations