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1535 Industrial Dr, Missour...

Gupta Management Co Leases 15000 Square Feet At 1535 Industrial Dr Missouri City TX
LEASEDIndustrial

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

Darren O’Conor

Partners Real Estate

Broker

13 deals

Broker

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