Colliers Negotiates 167120 Square Foot Industrial Lease At 814 Farm-To-Market Road 1489 Brookshire
814 Farm-To-Market Road 1489
Building Size
167,120 SF
Asset Type
Industrial
Closing
Mar 26, 2026
AI
The property asset involved in this transaction is an industrial facility located at 814 Farm-To-Market Road 1489 in Brookshire, featuring a total square footage of 167,120. The facility is equipped with 32-foot clear heights, 38 dock-high doors, and a 145-foot truck court, along with 3,802 square feet of office space, making it suitable for large-scale industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 814 Farm-To-Market Road 1489
- Market: Brookshire
- Asset Size: 167,120 square feet
- Office Space: 3,802 square feet
- Clear Heights: 32-foot
- Dock-High Doors: 38
- Truck Court: 145-foot
This transaction was negotiated by brokers Robert McGee, Taylor Schmidt, and Austin Bartula from Colliers, who represented an undisclosed landlord and tenant in the leasing agreement.
Players
Brookshire 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