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6913 Guhn Road

Lebco Industries Leases 80260 Square Feet At 6913 Guhn Road In Houston With JLL Representation
LEASEDIndustrial

Lebco Industries Leases 80260 Square Feet At 6913 Guhn Road In Houston With JLL Representation

6913 Guhn Road

Building Size

80,260 SF

Asset Type

Industrial

Closing

Nov 21, 2024

AI

The property asset involved in this transaction is an industrial space located at 6913 Guhn Road in northwest Houston, totaling 80,260 square feet. This asset is part of the Houston market.

Summary of transaction details:

Lebco Industries has entered into a lease agreement for its furniture manufacturing operations. Jeremy Lumbreras and William Carpenter represented the landlord, while David Buescher and Geoff Perrott represented the tenant in this transaction.

Players

David Buescher

JLL

Broker

$170.5K

vol

8 deals

Broker

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