Updated Apr 21, 2026
Durastone Corporation Leases Industrial Space At 309 Aldine Bender Road Houston For NNN Lease
309 Aldine Bender Road
Building Size
112,710 SF
Asset Type
Industrial
Closing
Mar 31, 2026
About this deal
AI
The property involved in this transaction is located at 309 Aldine Bender Road in the Houston market, categorized as an industrial asset. The lease type for this transaction is a NNN lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 309 Aldine Bender Road
- Market: Houston
- Landlord: Christen Vestal & Christen Vestal - Provident
- Tenant: Durastone Corporation
- Landlord's Rep: Joseph Berwick - JLL
- Tenant's Rep: Derick Perkins & Kyle Fischer - Alpine Partners
Joseph Berwick, representing the landlord, facilitated the lease transaction, while Derick Perkins and Kyle Fischer represented the tenant, Durastone Corporation, in the same deal. This transaction emphasizes the collaboration of key individuals in the real estate leasing process.
On the Map
Industrial
View full map
Players
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