Gupta Management Co Leases 15000 Square Feet At 1535 Industrial Dr Missouri City TX
1535 Industrial Dr, Missouri City, TX...
Building Size
15,000 SF
Asset Type
Industrial
Closing
Feb 8, 2019
AI
The property involved in this transaction is an industrial lease located at 1535 Industrial Drive, Missouri City, TX. The total square footage of the leased space is 15,000 square feet, situated within a developing four-building industrial park in the Missouri City market.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not specified
- Landlord: Gupta Management Co
- Landlord's Representatives: Darren O’Conor (NAI Capital), Jake Wilkinson (NAI Capital)
- Market: Missouri City
This transaction was facilitated by NAI Partners, with brokers Darren O’Conor and Jake Wilkinson representing the landlord, Gupta Management Co. The details of the lease emphasize the collaborative effort of experienced professionals in executing the agreement within the industrial market of Missouri City, Texas.
Players
Missouri City 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