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6600 Long Point Rd Houston,...

Updated Sep 9, 2024

Intac Supply Secures 18K SF Industrial Lease At 6600 Long Point Rd In Northwest Houston
LEASEDIndustrial

Intac Supply Secures 18K SF Industrial Lease At 6600 Long Point Rd In Northwest Houston

6600 Long Point Rd Houston, TX 77055, USA

Building Size

18,000 SF

Asset Type

Industrial

Closing

May 11, 2023

About this deal

AI

Intac Supply, a HVAC equipment provider, has secured an 18,000-square-foot industrial lease at 6600 Long Point Road in northwest Houston. The property, owned by Agellan Commercial REIT, spans 139,116 square feet and was constructed in 1979.

Summary of transation details

  • Property Type: Industrial
  • Tenant: Intac Supply
  • Address: 6600 Long Point Road

The lease negotiations were facilitated by Matt Rogers of Oxford Properties representing Intac Supply and Carter Holmes of Holt Lunsford representing the landlord.

Traded’s record for 6600 Long Point Rd Houston, TX 77055, USA in Texas, Texas covers a industrial lease from 2023. The building is 18,000 square feet, implying about 0 per square foot on the published price. Carter Holmes, Matt Rogers, Cushman & Wakefield, Oxford Partners appear on the lease alongside Cushman & Wakefield, Oxford Partners. This page is the Texas, Texas file for the 6600 Long Point Rd Houston, TX 77055, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Texas sit in the Market section below. Filter that Texas industrial set by closing date to see what else leased near 6600 Long Point Rd Houston, TX 77055, USA around 2023. Cite this Intac Supply Secures 18K SF Industrial Lease At 6600 Long Point Rd In Northwest Houston lease when underwriting similar industrial product around Texas, Texas.

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Players

Matt Rogers

Oxford Partners

Broker

$30M

vol

14 deals

Broker
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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

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