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16801 Fm 2354

Christen Vestal Of Provident Realty Advisors Leases Industrial Space In Baytown For 10 Years
LEASEDIndustrial

Christen Vestal Of Provident Realty Advisors Leases Industrial Space In Baytown For 10 Years

16801 Fm 2354

Building Size

404,359 SF

Asset Type

Industrial

Closing

Jan 11, 2026

AI

The property involved in this transaction is an industrial asset located at 16801 Fm 2354 in the Baytown market. This asset encompasses a total square footage of 404,359 and is subject to a single net lease agreement spanning a term of 10 years.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Lease Term: 10 Years
  • Lease Type: Single Net Lease
  • Landlord: Christen Vestal - Provident Realty Advisors
  • Landlord's Representative: Justin Tunnel & Richard Glass - Lee & Associates
  • Tenant's Representative: Summitt Hogue - Growe 3PL Real Estate

This transaction features key representatives including Christen Vestal acting on behalf of the landlord, supported by Justin Tunnel and Richard Glass from Lee & Associates, who represent the landlord in the deal. The tenant's interests are represented by Summitt Hogue from Growe 3PL Real Estate, facilitating the lease agreement.

Players

Justin Tunnel

Lee & Associates

Broker

4 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage
Provident Realty Advisors
Provident Realty AdvisorsLandlord

Mont Belvieu Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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