Darren O’Conor And John Ferruzzo Represent Tenant In 41866 Square Feet Lease In Houston
4300 Windfern Rd, Houston, TX, 77041
Building Size
41,866 SF
Asset Type
Industrial
Closing
Aug 19, 2019
AI
4300 Windfern Rd is located in Houston, TX, within the industrial market. The property encompasses a total area of 41,866 square feet, tailored for Henry Avocado Corp., which specializes as a year-round grower and distributor of avocados. The landlord’s identity remains undisclosed.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 4300 Windfern Rd, Houston, TX, 77041
- Market: Houston
- Square Feet: 41,866
- Tenant: Henry Avocado Corp.
- Tenant's Representatives: Darren O’Conor (NAI Capital), John Ferruzzo (Transwestern)
- Landlord: Unknown
Darren O’Conor and John Ferruzzo successfully represented Henry Avocado Corp. in the lease negotiations for the property. The identity of the landlord and their representative were not disclosed during this transaction.
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