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16670 Park Row

Bayou City Hemp Co Expands Lease To 18812 Square Feet At 16670-16700 Park Row Houston
LEASEDIndustrial

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

Andrew Bischoff

Finial Group

Broker

6 deals

Broker
Finial Group
Finial GroupBrokerage

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