STAG Industrial Inc. Leases 203,003 SF Industrial Space At 4949 Windfern Road In Houston
4949 Windfern Road
Building Size
203,000 SF
Asset Type
Industrial
Closing
May 7, 2026
AI
The property asset involved in the transaction is an industrial space located at 4949 Windfern Road in Houston. The total square footage of the asset is 203,003, and it operates under a NNN lease structure. The landlord for this property is STAG Industrial, Inc.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 203,003
- Address: 4949 Windfern Road
- Market: Houston
- Landlord: STAG Industrial, Inc.
- Tenant's Representative: Patrick McKiernan - First Houston Properties
- Lease Type: NNN Lease
Key individuals involved in the deal include Patrick McKiernan representing the tenant, who is associated with First Houston Properties. The transaction underscores the involvement of both the landlord, STAG Industrial, Inc., and the tenant's representative in facilitating the lease agreement.
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