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9777 W Gulf Bank Rd, Housto...

CUNA Mutual Investment Corp Leases 10997 Sq Ft Space In Houston
LEASED

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

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.

Players

Walter Menuet

Colliers

Broker

12 deals

Broker
CC
CUNA Mutual Investment CorpLandlord

Houston CRE Market Snapshot

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