LEASED
ATCO Energy Leases 7 Acres Of Land On Aldine Bender Rd In Houston With Broker Jake Wilkinson - NAI Partners
Aldine Bender Rd, Houston, TX, USA
Building Size
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Asset Type
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Closing
Aug 7, 2021
AI
A 7-acre land property located on Aldine Bender Rd in Houston has recently been leased. The transaction took place on 08/07/2021 and the asset type is land. The tenant for this property is ATCO Energy.
Summary of transaction details
- Property Type: Land
- Transaction Date: 08/07/2021
- Address: Aldine Bender Rd, Houston
- Tenant: ATCO Energy
The lease deal for this property was facilitated by Jake Wilkinson from NAI Partners, who represent ATCO Energy as their broker.
Players
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