Updated Oct 29, 2024
Supreme Plant Services, LLC Leases 11,900 SF Industrial Space At 10425 Moers Road In Houston With Tenant's Rep Barrett Gibson - Colliers International And Landlord's Rep Zane Carman & Clay Pritchett - NAI Partners
10425 Moers Rd, Houston, TX 77075, USA
Building Size
119,000 SF
Asset Type
Industrial
Closing
Aug 9, 2020
About this deal
AI
An industrial property located at 10425 Moers Road in Houston has been leased. The property spans 11,900 square feet and is owned by an undisclosed landlord.
Summary of transaction details
- Property Type: Industrial
- Tenant: Supreme Plant Services, LLC
- Tenant's Representative: Barrett Gibson - Colliers International
- Landlord's Representatives: Zane Carman & Clay Pritchett - NAI Partners
Supreme Plant Services, LLC will be occupying the leased space at 10425 Moers Road. The deal was facilitated with the assistance of Barrett Gibson from Colliers International, who represented the tenant. Zane Carman and Clay Pritchett from NAI Partners served as the landlord's representatives in the transaction.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
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