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100 Fm 3083

Unimacts Signs 57120 Square Foot Industrial Lease At NorthStar Industrial Park In Conroe Texas
LEASEDIndustrial

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:

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

Drew Coupe

Avison Young

Broker

9 deals

Broker

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