Miller Auto Technology Leases Industrial Space In Houston At 5860 West Fuqua Street With Landlord TA Realty
5860 W Fuqua St Houston, TX 77085, USA
Building Size
54,940 SF
Asset Type
Industrial
Closing
Jun 23, 2023
AI
The industrial property located at 5860 West Fuqua Street in Houston has been leased. The property spans a total of 54,940 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 06/23/2023
- Address: 5860 West Fuqua Street
- Market: Houston
- Tenant: Miller Auto Technology
- Landlord: TA Realty
Allison Bergmann and Jim Foreman of Cushman & Wakefield represented the landlord, TA Realty, in the lease deal. Devon Gasaway and Peyton Easley of Titan Commercial acted as the tenant's representatives for Miller Auto Technology.
Players
Texas 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