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8221 Volta Dr, Humble, TX 7...

Starplast USA Leases Industrial Property At 8221 Volta Drive In Houston
LEASEDIndustrial

Starplast USA Leases Industrial Property At 8221 Volta Drive In Houston

8221 Volta Dr, Humble, TX 77338

Building Size

337,700 SF

Asset Type

Industrial

Closing

Apr 12, 2022

AI

An industrial property located at 8221 Volta Drive in Houston has recently been leased. The property, spanning approximately 337,700 square feet, was leased on 04/13/2022.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Date: 04/13/2022
  • Address: 8221 Volta Drive, Houston
  • Square Footage: 337,700

The tenant for this lease is Starplast USA. Representing the landlord, Duke Realty, were Matt Hyman and Bryan Parker. On the other hand, Ryan Fuselier from JLL, and Patrick Rollins and Ed Frantz from CBRE, acted as the tenant's representatives in the deal.

Players

Bryan Parker

Duke Realty

Broker

5 deals

Broker

Humble 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