Vasa Tech North America Leases 34,997 Square Feet At 8700 Clay Road In Houston
8700 Clay Road
Building Size
34,997 SF
Asset Type
Industrial
Closing
Jul 17, 2025
AI
The asset involved in this transaction is an industrial property located at 8700 Clay Road in northwest Houston. The total square footage of the property is 34,997. This transaction is part of the Houston market, and the lease was executed for industrial use.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 8700 Clay Road
- Market: Houston
- Landlord: Entrada Partners
- Tenant: Vasa Tech North America
- Landlord's Representative: Jack Rathe & Brandon Preece - Stream Realty Partners
- Tenant's Representative: Jackie Chang - Forever Realty
This lease agreement saw Vasa Tech North America secure the premises, with Stream Realty Partners acting on behalf of the landlord, Entrada Partners. Jackie Chang from Forever Realty represented the tenant in this transaction.
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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