Intertec Instrumentation Leases 20200 Square Feet Industrial Space At 11050 W Little York Road
11050 West Little York Road
Building Size
20,200 SF
Asset Type
Industrial
Closing
Mar 17, 2025
AI
The property asset involved in the transaction is an industrial lease located at 11050 West Little York Road, Houston, covering a total area of 20,200 square feet. The specific terms of the lease, including the price, were not disclosed.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 20,200
- Address: 11050 West Little York Road
- Market: Houston
- Tenant: Intertec Instrumentation
- Brokers: Christian Villarreal & Jack Gaffney - Finial Group
Christian Villarreal and Jack Gaffney of Finial Group represented Intertec Instrumentation in this lease transaction. The landlord's details have not been disclosed.
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