Updated Sep 15, 2026
Patrick McKiernan Of First Houston Properties Represents Tenant In NNN Lease At 1805 Greens Road
1805 Greens Road
Building Size
500,000 SF
Asset Type
Industrial
Closing
Sep 1, 2026
About this deal
AI
The property asset involved in this transaction is an industrial space located at 1805 Greens Road in Houston. This asset encompasses a total square footage of 500,000 and is leased under a NNN (Triple Net) Lease structure.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1805 Greens Road
- Market: Houston
- Lease Type: NNN Lease
- Tenant's Representative: Patrick McKiernan - First Houston Properties
Patrick McKiernan represents the tenant in this leasing transaction, facilitating the agreement in the Houston market for the specified industrial asset.
On the Map
Industrial
View full map
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Houston industrial leases on Traded.
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