Updated Dec 18, 2024
Christian Villarreal Of Finial Group Represents Landlord In 24,500-SF Industrial Lease In Houston
11602 Canyon Trail Drive
Building Size
—
Asset Type
Industrial
Closing
Dec 18, 2024
About this deal
AI
An industrial lease transaction occurred involving a property at 11602 Canyon Trail Drive, located in northwest Houston. The asset encompasses a total space of 24,500 square feet, suitable for industrial use.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 11602 Canyon Trail Drive
- Market: Houston
- Broker: Christian Villarreal - Finial Group
The landlord was represented by Christian Villarreal from Finial Group, while the tenant and its representative details have not been disclosed.
Traded’s record for 11602 Canyon Trail Drive in Houston, Texas covers a industrial lease from 2024. 11602 Canyon Trail Drive is classified as Industrial on Traded. Christian Villarreal, Finial Group appear on the lease alongside Finial Group. This page is the Houston, Texas file for the 11602 Canyon Trail Drive industrial leased: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else leased near 11602 Canyon Trail Drive around 2024. Cite this Christian Villarreal Of Finial Group Represents Landlord In 24,500-SF Industrial Lease In Houston lease when underwriting similar industrial product around Houston, Texas.
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