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814 Farm-To-Market Road 1489

Colliers Negotiates 167120 Square Foot Industrial Lease At 814 Farm-To-Market Road 1489 Brookshire
LEASEDIndustrial

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

Robert McGee

Colliers

Broker

$18M

vol

13 deals

Broker

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