PuroClean Leases Industrial Space In Houston-Peyton Easley & Hunter Johnston - Bridge Commercial
3635 Willowbend Boulevard
Building Size
49,537 SF
Asset Type
Industrial
Closing
Dec 21, 2023
AI
The industrial property located at 3635 Willowbend Boulevard in Houston has been leased. The property spans an area of 49,537 square feet, offering ample space for various industrial activities.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 12/21/2023
- Address: 3635 Willowbend Boulevard, Houston
- Tenant: PuroClean
Hunter Johnston and Will Austin from Bridge Commercial represented the landlord in this leasing transaction, while Devon Gasaway and Peyton Easley from Titan Commercial acted as the tenant's representatives.
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