Updated Nov 28, 2024
Building Size
69,356 SF
Asset Type
Industrial
Closing
Nov 11, 2020
About this deal
AI
The lease transaction for an industrial property in Houston has been completed. The property, located at 7930 Blankenship Drive, spans 69,356 square feet.
Summary of transaction details
- Property Type: Industrial
- Tenant: TAXA Outdoors
- Landlord: Prologis
- Brokers: Nick Peterson & John Ferruzzo - Transwestern
TAXA Outdoors is the tenant for this industrial property. The landlord in this transaction is Prologis. The deal was facilitated by brokers Nick Peterson and John Ferruzzo of Transwestern.
Traded’s record for 7930 Blankenship Drive in Houston, Texas covers a industrial lease from 2020. Published size for 7930 Blankenship Drive is 69,356 square feet. Nick Peterson, John Ferruzzo, Prologis, Transwestern appear on the lease alongside Prologis, Transwestern. This page is the Houston, Texas file for the 7930 Blankenship Drive 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 7930 Blankenship Drive around 2020. Cite this TAXA Outdoors Leases 69,356 SF Industrial Space 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