LEASED
CUNA Mutual Investment Corp Leases 6238 SF Space At 7223 N Gessner Rd, Houston
7223 N Gessner Rd, Houston, TX, 77064
Building Size
6,238 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property at 7223 N Gessner Rd, Houston, TX, 77064, part of Brookhollow West Business Park, was leased in a transaction involving a total of 6238 square feet. The landlord, CUNA Mutual Investment Corp, was represented by Walter Menuet from Colliers International.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not Applicable
- Market: Houston
- Landlord's Rep: Walter Menuet (Colliers International)
- Landlord: CUNA Mutual Investment Corp
- Square Feet: 6238
Amy Sorter can be contacted for any comments, questions, or concerns regarding this deal.
On the Map
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Boundary boundary · CRE · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93