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13719 Spencer Road

3C Metal USA Inc Leases 21,806-Square-Foot Industrial Space At 13719 Spencer Road Houston
LEASEDIndustrial

3C Metal USA Inc Leases 21,806-Square-Foot Industrial Space At 13719 Spencer Road Houston

13719 Spencer Road

Building Size

21,806 SF

Asset Type

Industrial

Closing

Mar 13, 2026

AI

The property at 13719 Spencer Road is an industrial asset located in the Houston market, encompassing a total of 21,806 square feet. The property features 28-foot clear heights and includes 4,275 square feet of office space, facilitating operational efficiency for tenants.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 13719 Spencer Road
  • Market: Houston
  • Landlord: AKD Properties Inc.
  • Tenant: 3C Metal USA Inc.
  • Landlord's Representative: Barrett Gibson & David McMahon - Colliers
  • Tenant's Representative: Chase McAteer - Oxford Partners

This lease transaction involved Oxford Partners, which negotiated the deal on behalf of 3C Metal USA Inc. Meanwhile, Barrett Gibson and David McMahon from Colliers represented AKD Properties Inc. in this agreement, emphasizing the collaborative efforts of all parties in securing the lease.

Players

Barrett Gibson

Colliers

Broker

8 deals

Broker
AI
AKD Properties Inc.Landlord

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