Updated Aug 27, 2026
Nexalin Technology Expands Lease To 4,527 Square Feet At 1776 Yorktown In Houston
1776 Yorktown Street
Building Size
4,527 SF
Asset Type
Industrial
Closing
Aug 13, 2026
About this deal
AI
The property asset involved in this transaction is an industrial space located at 1776 Yorktown Street in Houston, TX, encompassing a total area of 4,527 square feet. The current landlord is Nutex HQ LLC, while Nexalin Technology is the tenant occupying the space following a lease renewal and expansion.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1776 Yorktown Street
- Market: Houston, TX
- Landlord: Nutex HQ LLC
- Tenant: Nexalin Technology
- Landlord's Representative: Mike Martin - Avison Young
- Tenant's Representative: Perry Mazzone - Oxford Partners
- Lease Area: 4,527 square feet
The deal features representatives from two agencies, with Perry Mazzone from Oxford Partners facilitating the transaction for Nexalin Technology and Mike Martin from Avison Young representing Nutex HQ LLC as the landlord's representative.
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