Updated Dec 14, 2024
JFC International Leases 134.8K SF Industrial Space In Houston From Cabot Properties Inc
6415 Langfield Road, Houston, TX 77092, USA
Building Size
134,800 SF
Asset Type
Industrial
Closing
Aug 19, 2020
About this deal
AI
An industrial property located at 6415 Langfield Road in Houston has been leased. The property spans a total of 134,800 square feet and sits on 8.5 acres. The lease transaction took place on August 19, 2021.
Summary of transaction details
- Property Type: Industrial
- Tenant: JFC International
- Landlord: Cabot Properties Inc
- Tenant's Representative: Billy Gold - CBRE
- Landlord's Representatives: John Nicholson & Trey Horne - Colliers International
Billy Gold from CBRE represented JFC International as their representative in the leasing deal. On the other side, John Nicholson and Trey Horne from Colliers International served as the representatives for Cabot Properties Inc, the landlord.
On the Map
Industrial
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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