Updated Oct 28, 2024
TSC Apparel LLC Leases 89,060 SF Industrial Property At 10634 Tanner Road, Houston
10634 Tanner Road, Houston, TX 77041, USA
Building Size
89,060 SF
Asset Type
Industrial
Closing
Oct 4, 2021
About this deal
AI
An industrial property in Houston has been leased at 10634 Tanner Road, with a total square footage of 89,060. The lease transaction took place on October 4, 2021. The property is owned by WPT Apex DCLP and the tenant is TSC Apparel LLC.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 10634 Tanner Road
- Market: Houston
- Square Footage: 89,060
The landlord in this transaction is WPT Apex DCLP, and they were represented by JLL. On the tenant's side, TSC Apparel LLC was represented by Rob Stillwell, Si Pitstick, and Josh Young from Newmark.
On the Map
Industrial
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Players
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