KSSM Industries Leases Industrial Space In Brookshire With NAI Partner's Rep
34153 Sunset Ln, Brookshire, TX, 77423
Building Size
10,000 SF
Asset Type
Industrial
Closing
May 30, 2017
AI
Located at 34153 Sunset Lane in Brookshire, TX, this industrial property spans 10,000 square feet. The asset, leased on 05/30/2017, was secured by KSSM Industries, with NAI Partner’s Chris Caudill representing the tenant and Lee & Associates’ Preston Yaggi and Pat Wolford representing the landlord, Clover RE.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Tenant: KSSM Industries
- Landlord: Clover RE
- Square Feet: 10,000
- Market: Brookshire
- Tenant's Rep: NAI Partner’s Chris Caudill
- Landlord's Rep: Lee & Associates’ Preston Yaggi
NAI Partner’s Chris Caudill played a pivotal role in representing KSSM Industries in leasing the industrial warehouse and office space, while Lee & Associates’ Preston Yaggi and Pat Wolford acted as the landlord's representatives in this transaction at 34153 Sunset Lane in Brookshire.
Players
Brookshire Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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