Updated Dec 4, 2024
James Mashni & Patrick McKiernan Of First Houston Properties Lease 106,133 SF Industrial Property At 7409 Cayuga Street In Houston
7409 Cayuga Street
Building Size
106,133 SF
Asset Type
Industrial
Closing
Jan 12, 2024
About this deal
AI
An industrial property located at 7409 Cayuga Street in Houston has been leased. The property has a total area of 106,133 square feet, making it suitable for various industrial purposes.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 01/12/2024
- Address: 7409 Cayuga Street
- Market: Houston
- Size: 106,133 square feet
The lease deal was facilitated by James Mashni and Patrick McKiernan, representing First Houston Properties.
Traded’s record for 7409 Cayuga Street in Houston, Texas covers a industrial lease from 2024. The building is 106,133 square feet, implying about 0 per square foot on the published price. Patrick McKiernan, James Mashni, First Houston Properties appear on the lease alongside First Houston Properties. This page is the Houston, Texas file for the 7409 Cayuga Street industrial leased: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else leased near 7409 Cayuga Street around 2024. Cite this James Mashni & Patrick McKiernan Of First Houston Properties Lease 106,133 SF Industrial Property At 7409 Cayuga Street In Houston lease when underwriting similar industrial product around Houston, Texas.
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