Updated Sep 28, 2026
PK Companies Group Leases 10,902-SF Industrial Warehouse From Humpal Real Estate In Corpus Christi
1222 Cathead Road
Building Size
10,902 SF
Asset Type
Industrial
Closing
Sep 23, 2026
About this deal
AI
PK Companies Group, LLC has leased a newly built industrial warehouse located at 1222 Cathead Road in Wildcat Industrial Park, Corpus Christi, Texas. The facility encompasses 10,902 square feet and includes a 3.25-acre secured yard designed to accommodate a 10-ton overhead crane.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1222 Cathead Road
- Market: Corpus Christi, TX
- Landlord: Humpal Real Estate, Ltd
- Tenant: PK Companies Group, LLC
- Landlord's Representative: Scott Fauver - Cravey Real Estate Services
- Tenant's Representative: Stephanie Hastings
- Lease Commencement Date: September 1, 2026
Scott Fauver represented Humpal Real Estate, Ltd in the transaction, while Stephanie Hastings represented PK Companies Group, LLC. This lease arrangement highlights the collaboration between the respective parties to meet the requirements of the tenant within the industrial market.
On the Map
Industrial
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Players
Rudd 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