Mascorp Leases 43000 Square Feet At 4310 Campbell Rd Houston From Landlord Cabot
4310 Campbell Rd, Houston, TX, 77041
Building Size
43,000 SF
Asset Type
Industrial
Closing
Mar 28, 2017
AI
The property involved in this transaction is a 43,000 square foot warehouse located at 4310 Campbell Rd, Houston, TX, 77041, situated in the Houston market. The lease was signed for a space that caters to industrial needs.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: Not disclosed
- Square Feet: 43,000
- Address: 4310 Campbell Rd, Houston, TX, 77041
- Market: Houston
- Tenant: Mascorp
- Landlord: Cabot
- Tenant's Representative: John Ferruzzo - Transwestern
- Landlord's Representative: Steve Hazel - Insite Realty
NAI’s Partners John Ferruzzo and Chris Kugle represented Mascorp in the lease renewal. The landlord, Cabot, was represented by Steve Hazel from Insite Realty, further detailing the professional involvement of brokerage firms in facilitating 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