Office    

Jacobs Engineering
Research Facility

 Houston, TX 

Asking Price

$28,058,340

Cap Rate

7.50%

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Premier

Corporate Credit

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Rental Increases

$0.25 PSF Annually

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Texas

Tax Free State

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Premier Corporate Credit – Jacobs Engineering Group (NYSE: J)
  • Awarded 10-Year $3.9B NASA Contract (JETS II) in July 2022
  • Longstanding NASA Contractor – 65+ years
  • Mission-Critical Tenancy – Next to Johnson Space Center
  • Outstanding NASA/Clear Lake Submarket – 9.9% Office Vacancy
  • Houston MSA
  • Tax-Free State

Exclusively Listed By

Jason W. Powell, CCIM

Senior Vice President
  jpowell@northmarq.com   

Max Van Dresser

Associate Vice President
  mvandresser@northmarq.com   

Tyler McCain

Investment Sales Analyst
  tmccain@northmarq.com   

In Association with:
Jim Gibson

TX License #392926

Northmarq

3414 Peachtree Rd NE, Suite 900
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