Zeno Truck Parts Renews And Expands Industrial Lease At 4007 Greenbriar Dr, Stafford
4007 Greenbriar Dr, Stafford, TX 77477
Building Size
12,564 SF
Asset Type
Industrial
Closing
May 17, 2023
AI
Zeno Truck Parts has renewed its industrial lease and expanded to occupy 12,564 square feet at 4007 Greenbriar Drive in Stafford, Houston. The multi-tenant building, constructed in 1982, spans 34,705 square feet on a 2.1-acre lot.
Summary of transation details
- Property Type: Industrial
- Tenant: Zeno Truck Parts
- Address: 4007 Greenbriar Dr, Stafford, TX 77477
- Lease Term: Not specified
Dylan Stiteler of Oxford Partners represented Zeno Truck Parts as the tenant in the lease transaction. William Carpenter of Stream Realty Partners represented the landlord, DRA Advisors.
Players
Texas 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