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Houston, TX

HALO Branded Solutions

Address:
4130 Dayco Street, Houston, TX 77092
Property Type:
Single Tenant
Price:
$2,032,000
Cap Rate:
9.00% cap
NOI:
$182,828
Square Feet:
24,460 sqft
Lot Size:
1 acre
Price Per Square Foot:
$83.07
Year Built:
1981/2001
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* By downloading the Marketing Package (Offering Memorandum) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

Investment Highlights

Investment Highlights

Investment Highlights

• 24,460-Square-Foot Single Tenant Warehouse Situated on 1 Acre
• Masonry Construction with 70 Parking Spaces, and Seller Reports New Roof in 2019
• Professional Landscaping and Ample Tenant Parking
• 100% Occupied With Two Years Remaining on the Lease and One Five-Year Renewal Option
• Halo Branded Solutions has Been an Industry Leading Company for 60+ Years
• Tenant has Expanded to Most Major Cities Around the United States
• Strategically Located Industrial Warehouse with Proximate Access to Major Freeways

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 4130 Dayco Street in Houston, Texas, leased to HALO Branded Solutions. The subject property consists of approximately 24,460 square feet of space and is situated on one acre of land. The asset features masonry construction, 70 parking spaces, professional landscaping, and a new roof in 2019. The subject property is 100 percent occupied with two years remaining on the lease and one 5-year renewal option. HALO Branded Solutions has been an industry-leading company for over 60 years and has expanded to most major cities around the United States. This strategically located industrial warehouse has proximate access to major freeways.

Headquartered in Sterling, Illinois, HALO Branded Solutions is centrally located in order to support a national client base, with regional sales offices in key corporate markets. As a promotional products distributor and recognition services provider, HALO Branded Solutions offers company stores and fulfillment services, award-winning marketing support for internal and external branding campaigns, incentive programs built to inspire and engage workforces, competitive pricing, and a comprehensive product safety and social compliance program. HALO Branded Solutions has industry-leading customer service from over 500 account executives throughout the U.S. and a support staff of over 300. The company’s account team is supported by over 1,350 employees and 16 offices. (halo.com)

As the fifth most populous metro area in the U.S., Houston houses nearly 6.9 million people in southeastern Texas. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Bend, Chambers, Montgomery, Austin, Liberty and Waller. The Gulf of Mexico, which borders the metro to the southeast, provides access to markets around the world via the Port of Houston, making it a prime location for import/export. Houston’s economy has diversified in recent years, with the healthcare and technology sectors showing strong growth. As Houston’s population continues to grow, primarily to the northwest, many companies are expanding to the region to provide goods and services to the increasing population.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2021 Marcus & Millichap. All rights reserved. (Activity ID: ZAC0060159)