LEASEDIndustrial
Overhead Door Corporation Leases 18,285 SF Industrial Space In Houston
9135 Wallisville Rd, Houston, TX 77029, USA
Building Size
18,285 SF
Asset Type
Industrial
Closing
Jul 29, 2020
AI
The industrial property located at 9135 Wallisville Road in Houston has been leased. The transaction took place on July 30, 2020. The property is 18,285 square feet in size and is owned by Overhead Door Corporation.
Summary of transaction details
- Property Type: Industrial
- Tenant: Overhead Door Corporation
- Address: 9135 Wallisville Road
- Market: Houston
- Brokers: Jim Autenreith & Sam Rayburn – Moody Rambin
- Square Footage: 18,285
Jim Autenreith and Sam Rayburn from Moody Rambin were the brokers involved in this lease transaction.
Players
Houston 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