Updated Oct 29, 2024
Dunavant Distribution Group Leases 784K SF Industrial Space In Pasadena With Broker Colliers International
10629 Red Bluff Road, Pasadena, TX, USA
Building Size
784,000 SF
Asset Type
Industrial
Closing
Dec 2, 2020
About this deal
AI
An industrial property located at 10629 Red Bluff Road in Pasadena has been leased as of December 3, 2020. The property spans across 784,000 square feet and is owned by Dunavant Distribution Group. This lease transaction was facilitated by Colliers International.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: December 3, 2020
- Address: 10629 Red Bluff Road, Pasadena
- Market: Pasadena
- Square Footage: 784,000
Dunavant Distribution Group, represented by Bill Dunavant, is the tenant who has leased this industrial property. The deal was brokered by Colliers International.
On the Map
Industrial
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Players
Pasadena Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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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