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4300 Windfern Rd, Houston, ...

Updated Sep 9, 2024

Darren O’Conor And John Ferruzzo Represent Tenant In 41866 Square Feet Lease In Houston
LEASEDIndustrial

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

About this deal

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.

On the Map

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Industrial

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Players

John Ferruzzo

KBC Advisors

Broker

16 deals

Broker
NAI Global
NAI GlobalBrokerage
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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

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