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
Mont Belvieu 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