CUNA Mutual Investment Corp Leases 10997 Sq Ft Space In Houston
9777 W Gulf Bank Rd, Houston, TX, 7...
Building Size
10,997 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
Located at 9777 W Gulf Bank Rd in Houston, TX, the property involved in this lease transaction is part of the Brookhollow West Business Park. Spanning 10,997 square feet, the lease was facilitated by Walter Menuet of Colliers International on behalf of the landlord, CUNA Mutual Investment Corp.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Applicable
- Market: Houston
- Landlord's Rep: Walter Menuet (Colliers International)
- Landlord: CUNA Mutual Investment Corp
- Square Feet: 10,997
For further inquiries regarding this lease transaction at the Brookhollow West Business Park, feel free to reach out to Amy Sorter for comments, questions, or concerns.
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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