LEASEDIndustrial
Banta Corp Leases 201,600 SF Industrial Space In Houston
6315 West by Northwest Boulevard, Houston, TX 77040
Building Size
201,600 SF
Asset Type
Industrial
Closing
Jun 1, 2020
AI
The industrial property located at 6315 West by Northwest Blvd in Houston has been leased. The property spans 201,600 square feet and sits on 12.8 acres.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Banta Corp.
- Brokers: Brian Gammill & Darryl Noon - Transwestern
- Date: 06/01/2021
Brian Gammill and Darryl Noon, representing Transwestern, facilitated the lease deal for the property.
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