Bayou City Hemp Co Expands Lease To 18812 Square Feet At 16670-16700 Park Row Houston
16670 Park Row & 16700 Park Row
Building Size
37,624 SF
Asset Type
Industrial
Closing
Sep 25, 2025
AI
The property involved in this transaction is located at 16670-16700 Park Row Drive, Houston. It represents an industrial asset encompassing a total square footage of 18,812, and is part of a larger 42,070-square-foot property. The lease was renewed and expanded by the tenant, Bayou City Hemp Co, at this location.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 18,812
- Address: 16670-16700 Park Row, Houston
- Tenant: Ben Meggs - Bayou City Hemp Co
- Brokers: Jason Gibbons & Andrew Bischoff - Finial Group
Jason Gibbons and Andrew Bischoff represented the landlord in this lease transaction, facilitating the renewed and expanded lease agreement for Bayou City Hemp Co at the specified property in West Houston.
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