Updated Dec 20, 2023
Dayton Street Partners Acquires Industrial Property At 5800 Mesa Drive In Houston, TX
5800 Mesa Drive, Houston, Texas 77028, United States
Building Size
500,000 SF
Asset Type
Industrial
Closing
May 8, 2022
About this deal
AI
Dayton Street Partners has recently leased an industrial property located at 5800 Mesa Drive in Houston. The property spans approximately 500,000 square feet and is situated in the Houston market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Lease
- Date: 05/09/2022
- Address: 5800 Mesa Drive, Houston
Howard Wedren was the representative for Dayton Street Partners in this lease agreement.
Traded’s record for 5800 Mesa Drive, Houston, Texas 77028, United States in Houston, Texas covers a industrial lease from 2022. Published size for 5800 Mesa Drive, Houston, Texas 77028, United States is 500,000 square feet. This page is the Houston, Texas file for the 5800 Mesa Drive, Houston, Texas 77028, United States industrial leased: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else leased near 5800 Mesa Drive, Houston, Texas 77028, United States around 2022. Cite this Dayton Street Partners Acquires Industrial Property At 5800 Mesa Drive In Houston, TX lease when underwriting similar industrial product around Houston, Texas.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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