Upon the sale of the property, the current landlord (former CEO of USME) plans to execute a two-year triple-net leaseback with G Squared Properties Inc.
Delivered in 2015, the tilt-wall construction was built raised above ground level to provide protection against a severe flooding scenario. Accessible by two dock-high doors and two grade-level doors set on elevated ramps, the building has a clear height of 18’. The asset features more than 100 parking spaces and ample industrial outdoor storage space (IOS), including 1,052 square feet of covered space included in the rent.
The subject property consists of approximately 30,606 square feet of Class A flex space and is situated on 3.87 acres of land. Marcus & Millichap is pleased to present the opportunity to acquire the property located at 7028 Gessner Road in Houston, Texas, occupied by US Med-Equip (USME).