Updated Oct 28, 2024
B Trucks, LLC Leases Industrial Space In Houston, Texas
10010 Fm 1960 West, Houston, Texas 77070, United States
Building Size
38,600 SF
Asset Type
Industrial
Closing
Jun 20, 2022
About this deal
AI
An industrial property located at 10010 Farm to Market 1960 Rd W in Houston has been leased. The transaction took place on June 21, 2022. The property, spanning approximately 38,600 square feet, was leased by B Trucks, LLC. The landlord in this deal is Cabot Properties. The asking rent for the property was $6.60 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Lease
- Date: 06/21/2022
- Address: 10010 Farm to Market 1960 Rd W
- Market: Houston
- Tenant: B Trucks, LLC
- Landlord: Cabot Properties
The leasing deal was facilitated by William Byrd and Patrick McKiernan of First Houston Properties, representing both the tenant and the landlord.
On the Map
Industrial
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Houston 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