Doc Perrier Of Finial Group Represents Unknown Landlord In Lease Of 15750 Square Feet In Houston
15250 West Dr, Houston, TX, 77053
Building Size
15,750 SF
Asset Type
Industrial
Closing
Mar 19, 2019
AI
The property involved in this transaction is an industrial lease located at 15250 West Drive in Houston, Texas. It encompasses a total area of 15,750 square feet and operates within the Houston market.
Summary of transation details:
- Property Type: Industrial Lease
- Transaction Amount: Not disclosed
- Address: 15250 West Dr, Houston, TX, 77053
- Market: Houston
- Square Feet: 15,750
- Landlord: Unknown
- Landlord's Representative: Doc Perrier (Finial Group)
- Tenant: Las Delicias Import LLC
- Tenant's Representative: Jason Gibbons (Finial Group)
Key individuals in this lease transaction include Doc Perrier and Jason Gibbons, both from Finial Group, who represented the landlord in the negotiations with food supplier Las Delicias Import LLC, which will occupy the leased space.
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