Your Trusted Houston Commercial Real Estate Brokerage

Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.

Your Trusted Katy / Fulshear & Houston Commercial Real Estate Brokerage

Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.

Looking to invest, buy, sell or lease? We can help.

Looking to invest, buy, sell or lease? We can help.

OUR FEATURED TENANTS & CLIENTS

eXp Commercial - Viking Enterprise Team's real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the Katy- Houston area. Our knowledge, experience, and reputation sets us apart from many firms.


A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:

1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.

2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.

3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.

4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.

5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.

6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.

7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.

8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.

9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.

In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!

Reviews

🔑 What Is a Build-to-Suit? Custom Commercial Real Estate Projects for Business Owners 🏗️

🏢 Build-to-Suit Explained: How Custom CRE Projects Work for Tenants & Developers 🧱

July 11, 20252 min read

🏢 Build-to-Suit Explained: How Custom CRE Projects Work for Tenants & Developers 🧱

🔑 What Is a Build-to-Suit? Custom Commercial Real Estate Projects for Business Owners 🏗️


🏗️ Build-to-Suit: What It Means and Who It’s For

In commercial real estate, Build-to-Suit (BTS) is a powerful strategy where a property is custom-designed and constructed to meet a specific tenant’s requirements. Instead of retrofitting an existing space, BTS developments allow business owners to occupy a tailor-made facility from day one—typically under a long-term lease agreement.

🔍 What Is Build-to-Suit?

Build-to-suit is a development approach where a landlord, developer, or investor constructs a commercial property based on a tenant’s exact specifications. These projects are often structured as pre-leased agreements where the tenant commits before construction begins, minimizing vacancy risk for the owner.

BTS deals are common for:

·         Medical and dental offices

·         Corporate headquarters

·         Industrial or logistics warehouses

·         Quick-service restaurants (QSR)

·         Retail anchors in growing suburban corridors


🏢 Who Benefits from Build-to-Suit?

📈 Tenants

·         Customization: Everything from square footage to layout, power requirements, and branding can be tailored.

·         Operational Efficiency: Layouts are optimized for workflow, inventory, or customer traffic.

·         Cost Predictability: Long-term leases often include fixed or structured rent increases.

·         Brand Consistency: BTS helps franchises and chains replicate successful designs.

🏗️ Developers & Investors

·         Stable Returns: Long-term leases (10–20 years) offer reliable cash flow.

·         Reduced Risk: Pre-leased agreements reduce speculative development risk.

·         Increased Property Value: Single-tenant, long-term assets appeal to 1031 exchange and net lease buyers.


🛠️ Key Considerations in Build-to-Suit Deals

·         Site Selection: Proximity to customer base, traffic counts, and zoning are critical.

·         Financing Structure: Developers often finance the construction using construction-to-perm loans or private equity.

·         Lease Terms: These deals often include triple net (NNN) leases where tenants cover taxes, insurance, and maintenance.

·         Exit Strategy: Many developers sell BTS assets post-stabilization to capital markets or REITs.


🧩 Build-to-Suit vs. Speculative Development

Feature

Build-to-Suit

Speculative Build

Tenant Secured

Before Construction

After Completion

Risk Profile

Lower for Developer

Higher Risk

Customization Level

High

Limited

Lease Terms

Long-term, NNN

Market-dependent

🚀 Is Build-to-Suit Right for You?

If you’re a business owner tired of retrofitting old buildings, or a developer looking for secure long-term returns, build-to-suit may be the strategy to explore. In fast-growing regions like Katy and Fulshear, BTS can provide a competitive edge in a tight CRE market.

💬 Need help structuring a BTS project? Let’s talk about location, financing, and design options tailored to your vision.


https://www.houstonrealestatebrokerage.com/

https://www.houstonrealestatebrokerage.com/houston-cre-navigator

https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6

http://expressoffers.com/[email protected]

https://app.bullpenre.com/profile/1742476177701x437444415125976000

https://author.billrapponline.com/

https://www.amazon.com/dp/B0F32Z5BH2


© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team


custom commercial buildingsCommercial real estate for business ownersbuild-to-suit developmentBuild-to-suit commercial real estatelong-term NNN leasesBuild-to-suit vs speculative development
blog author image

Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clients’ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specific’s business’s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

Back to Blog

eXp Commercial - Viking Enterprise team real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the greater Katy & Houston MSA area. Our knowledge, experience, and reputation sets us apart from many firms.

A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:

1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.

2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.

3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.

4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.

5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.

6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.

7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.

8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.

9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.

In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!

Find the perfect location for your business.

Let us help your business succeed.

🔑 What Is a Build-to-Suit? Custom Commercial Real Estate Projects for Business Owners 🏗️

🏢 Build-to-Suit Explained: How Custom CRE Projects Work for Tenants & Developers 🧱

July 11, 20252 min read

🏢 Build-to-Suit Explained: How Custom CRE Projects Work for Tenants & Developers 🧱

🔑 What Is a Build-to-Suit? Custom Commercial Real Estate Projects for Business Owners 🏗️


🏗️ Build-to-Suit: What It Means and Who It’s For

In commercial real estate, Build-to-Suit (BTS) is a powerful strategy where a property is custom-designed and constructed to meet a specific tenant’s requirements. Instead of retrofitting an existing space, BTS developments allow business owners to occupy a tailor-made facility from day one—typically under a long-term lease agreement.

🔍 What Is Build-to-Suit?

Build-to-suit is a development approach where a landlord, developer, or investor constructs a commercial property based on a tenant’s exact specifications. These projects are often structured as pre-leased agreements where the tenant commits before construction begins, minimizing vacancy risk for the owner.

BTS deals are common for:

·         Medical and dental offices

·         Corporate headquarters

·         Industrial or logistics warehouses

·         Quick-service restaurants (QSR)

·         Retail anchors in growing suburban corridors


🏢 Who Benefits from Build-to-Suit?

📈 Tenants

·         Customization: Everything from square footage to layout, power requirements, and branding can be tailored.

·         Operational Efficiency: Layouts are optimized for workflow, inventory, or customer traffic.

·         Cost Predictability: Long-term leases often include fixed or structured rent increases.

·         Brand Consistency: BTS helps franchises and chains replicate successful designs.

🏗️ Developers & Investors

·         Stable Returns: Long-term leases (10–20 years) offer reliable cash flow.

·         Reduced Risk: Pre-leased agreements reduce speculative development risk.

·         Increased Property Value: Single-tenant, long-term assets appeal to 1031 exchange and net lease buyers.


🛠️ Key Considerations in Build-to-Suit Deals

·         Site Selection: Proximity to customer base, traffic counts, and zoning are critical.

·         Financing Structure: Developers often finance the construction using construction-to-perm loans or private equity.

·         Lease Terms: These deals often include triple net (NNN) leases where tenants cover taxes, insurance, and maintenance.

·         Exit Strategy: Many developers sell BTS assets post-stabilization to capital markets or REITs.


🧩 Build-to-Suit vs. Speculative Development

Feature

Build-to-Suit

Speculative Build

Tenant Secured

Before Construction

After Completion

Risk Profile

Lower for Developer

Higher Risk

Customization Level

High

Limited

Lease Terms

Long-term, NNN

Market-dependent

🚀 Is Build-to-Suit Right for You?

If you’re a business owner tired of retrofitting old buildings, or a developer looking for secure long-term returns, build-to-suit may be the strategy to explore. In fast-growing regions like Katy and Fulshear, BTS can provide a competitive edge in a tight CRE market.

💬 Need help structuring a BTS project? Let’s talk about location, financing, and design options tailored to your vision.


https://www.houstonrealestatebrokerage.com/

https://www.houstonrealestatebrokerage.com/houston-cre-navigator

https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6

http://expressoffers.com/[email protected]

https://app.bullpenre.com/profile/1742476177701x437444415125976000

https://author.billrapponline.com/

https://www.amazon.com/dp/B0F32Z5BH2


© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team


custom commercial buildingsCommercial real estate for business ownersbuild-to-suit developmentBuild-to-suit commercial real estatelong-term NNN leasesBuild-to-suit vs speculative development
blog author image

Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clients’ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specific’s business’s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

Back to Blog

Find the perfect location for your business.

Let us help your business succeed.

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27815 Astoria Brook Ln

Katy, TX 77494 USA


9600 Great Hills Trail, Suite 150w Austin, TX 78759 |
855.450.0324 xx255

Texas Real Estate Commission Consumer Protection Notice Texas Real Estate Commission

Information About Brokerage Services eXp Commercial LLC #9010212

Viking Enterprise LLC #9009614

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27815 Astoria Brook Ln

Katy, TX 77494 USA

901 S Mopac Expwy, Bldg 2, Suite 350 Austin, TX 78746 | 512.474.5557Texas Real Estate Commission

Consumer Protection Notice Texas Real Estate Commission Information About Brokerage Services Reliance Retail, LLC #603091

Texas RS, LLC #9003193 | RESOLUT RE Is Licensed In Louisiana #0995694083