Updated Oct 17, 2025
Hospitality Solutions Inc Leases 48000 Square Feet Industrial Space At 7420 Security Way In Houston
7420 Security Way
Building Size
48,000 SF
Asset Type
Industrial
Closing
Sep 30, 2025
About this deal
AI
The property involved in the transaction is an industrial asset located at 7420 Security Way in Houston, covering a total area of 48,000 square feet. The specific market for this asset is in northwest Houston, Jersey Village. The landlord details remain undisclosed.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 48,000
- Address: 7420 Security Way
- Market: Houston
- Tenant: Hospitality Solutions Inc
- Brokers: Barrett Gibson & David McMahon - Colliers
Barrett Gibson and David McMahon of Colliers acted in the capacity of broker representatives for the tenant, Hospitality Solutions Inc., facilitating the lease arrangement for the property at the specified location.
On the Map
Industrial
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Players
Jersey Village 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