FMFV Warehousing Inc Leases 51824 Square Feet At 16390 Park Row Dr In Houston
LEASED
Texas
See Similar DealsIndustrial51,824 SF
LEASED
FMFV Warehousing Inc Leases 51824 Square Feet At 16390 Park Row Dr In Houston
16390 Park Row Dr, Houston, TX, 77084
See Similar DealsIndustrial51,824 SF
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:51,824 SF
Transaction Type:Lease
The property involved in this transaction is a single-tenant warehouse located at 16390 Park Row Drive, Houston, TX, 77084. The industrial lease covers an area of 51,824 square feet. The warehouse was constructed in 1978 and features 28-foot clear heights, three dock-high loading doors, and a parking ratio of 0.57 spaces per 1,000 square feet.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not Disclosed
- Square Feet: 51,824
- Address: 16390 Park Row Dr, Houston, TX, 77084
- Market: Houston
- Tenant's Representative: Jake Wilkinson - NAI Capital
- Landlord's Representative: Darren O’Conor - NAI Capital
- Landlord: FMFV Warehousing Inc
- Tenant: Not Disclosed
Darren O’Conor and Jake Wilkinson of NAI Partners acted as the representatives for the landlord, FMFV Warehousing Inc., during the lease negotiations. The tenant has not been disclosed in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,970,520.41
Total Lease Value
$29,705,204.07
Net Landlord Cash Flow$2,970,520.41
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