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Pennsylvania Tool Sales & Services Secures 16.4k SF Industrial Lease In Webster
LEASED
Texas
See Similar DealsIndustrial16,400 SF
Leased 05/22/2023
LEASED
Pennsylvania Tool Sales & Services Secures 16.4k SF Industrial Lease In Webster
16920 Texas Ave Webster, Tx 77598, Usa
See Similar DealsIndustrial16,400 SF
Leased 05/22/2023
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:16,400 SF
Transaction Type:Lease
Finial Group has negotiated a 16,400-square-foot industrial lease in Webster, a suburb of Houston. The property is located at 16920 Texas Avenue and is classified as an industrial asset. The lease was executed on May 22, 2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned in CONTEXT
- Address: 16920 Texas Avenue, Webster
- Market: Webster
- Square Footage: 16,400
The tenant in this lease transaction is Pennsylvania Tool Sales & Services. They are a supplier for heavy industrial and manufacturing companies.
The brokers involved in this deal are Jason Gibbons and Doc Perrier from the Finial Group.
Players
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$940,038.10
Total Lease Value
$9,400,381.04
Net Landlord Cash Flow$940,038.10
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