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5457 Allen Genoa Road

Christen Vestal Of Provident Realty Advisors Leases Industrial Space In Houston For 10 Years
LEASEDIndustrial

Christen Vestal Of Provident Realty Advisors Leases Industrial Space In Houston For 10 Years

5457 Allen Genoa Road

Building Size

162,180 SF

Asset Type

Industrial

Closing

Sep 23, 2025

AI

The property asset involved in this transaction is an industrial facility located at 5457 Allen-Genoa Road in Houston, with a total square footage of 162,180. This lease agreement is classified as a NNN Lease and has a duration of 10 years.

Summary of transaction details:

The transaction features key players including Christen Vestal representing the landlord, along with Austin Bartula, Robert McGee, and Taylor Schmidt from Colliers who acted as the landlord's representatives. The tenant's side was represented by David Munson and Garrett Thomas from Cushman & Wakefield, providing unique representation during the lease negotiation process.

Players

Robert McGee

Colliers

Broker

$18M

vol

13 deals

Broker
Provident Realty Advisors
Provident Realty AdvisorsLandlord

Houston Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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