Updated Oct 29, 2024
Flamingos Vintage Kilo Leases 17000 Square Feet At 8811 Wallisville Rd In Houston
8811 Wallisville Rd, Houston, TX, 77029
Building Size
17,000 SF
Asset Type
Industrial
Closing
Nov 10, 2016
About this deal
AI
A distribution/warehouse space measuring 17,000 square feet has been leased at 8811 Wallisville Rd, Houston, TX, 77029. The property is situated in the Houston market and is part of the Buckhead Houston Industrial Portfolio.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 17,000
- Address: 8811 Wallisville Rd, Houston, TX, 77029
- Market: Houston
- Tenant: Flamingos Vintage Kilo
- Landlord: Buckhead Houston Industrial Portfolio
- Tenant's Representative: Justin Tunnell, Lee & Associates
- Landlord's Representative: John Kruse, Cushman & Wakefield
This transaction involved representatives where Justin Tunnell from Lee & Associates represented the tenant Flamingos Vintage Kilo, while John Kruse of Cushman & Wakefield represented the landlord Buckhead Houston Industrial Portfolio.
On the Map
Industrial
View full map
Players
Houston Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Deal FAQ
Browse Texas industrial leases on Traded.
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