NextForce Capital Acquires Development Site On Kukendahl Road In Spring TX From Seller Hyman Landau
SOLD
Texas
See Similar DealsDevelopment Site185,783 SF
Sold 07/12/2024
SOLD
NextForce Capital Acquires Development Site On Kukendahl Road In Spring TX From Seller Hyman Landau
Development Site185,783 SF
Sold 07/12/2024
Summary
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:185,783 SF
Transaction Type:Sale
The property asset involved in the transaction is a development site located at 0 Kukendahl Road in Spring, TX. The site encompasses 185,783 square feet with a buildable square footage of 150,000 and an existing building with a square footage of 70,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not stated
- Buyers: Umar Qureshi, Sunil Parmar, Shahrukh Ahmed, and Haroon Dosani
- Buyer's Company: NextForce Capital
- Seller: Hyman Landau
- Seller's Company: FM 2920 Kuykendahl Investment
- Broker: Huntley Grichor
- Broker's Agency: Red Key Properties
NextForce Capital, represented by Huntley Grichor, has acquired the site with plans for the development of over 70,000 square feet of Flex-Warehouse space along Kuykendahl Rd., situated just north of Louetta Rd.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
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Debt Service Coverage Ratio (DSCR)
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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