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15720 Park Row

Updated Dec 4, 2024

Cima Cash Handling America Inc. Leases Industrial Space In Houston With Rep Jason Gibbons
LEASEDIndustrial

Cima Cash Handling America Inc. Leases Industrial Space In Houston With Rep Jason Gibbons

15720 Park Row

Building Size

3,400 SF

Asset Type

Industrial

Closing

Jun 26, 2024

About this deal

AI

Cima Cash Handling America Inc. leased 3,400 square feet at 15720 Park Row Drive in West Houston. Jason Gibbons of the Finial Group represented the tenant; the landlord's identity and representative were undisclosed.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 15720 Park Row Drive
  • Market: Houston
  • Tenant: Cima Cash Handling America Inc.
  • Broker: Jason Gibbons - Finial Group

The lease transaction at 15720 Park Row Drive in West Houston was facilitated by Jason Gibbons from the Finial Group on behalf of the tenant, Cima Cash Handling America Inc. The landlord's identity and representative were not revealed during the deal.

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Industrial

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Players

Jason Gibbons

Finial Group

Broker

12 deals

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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

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