Unimacts Signs 57120 Square Foot Industrial Lease At NorthStar Industrial Park In Conroe Texas
100 Fm 3083
Building Size
—
Asset Type
Industrial
Closing
Dec 16, 2024
AI
The lease transaction involves a 57,120-square-foot industrial property located at 100 Fm 3083, in Conroe, Texas, specifically within the NorthStar Industrial Park. The asset is categorized under the industrial type and is positioned in the Conroe market, associated with the BAUER Group as the landlord.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 100 Fm 3083
- Market: Conroe, TX
- Landlord: BAUER Group
- Tenant: Unimacts
- Brokers: Dawson Smith & Drew Coupe - Avison Young
Drew Coupe and Dawson Smith from Avison Young represented the landlord, BAUER Group, in this lease transaction, while the tenant, Unimacts, handled their representation without a broker.
Players
Conroe Industrial Market Snapshot
Boundary boundary · Industrial · 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