facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

9200 Fm 1405

East Coast Warehouse & Distribution Leases 321440 SF Industrial Space From Velocis In Baytown
LEASEDIndustrial

East Coast Warehouse & Distribution Leases 321440 SF Industrial Space From Velocis In Baytown

9200 Fm 1405

Building Size

321,440 SF

Asset Type

Industrial

Closing

Jan 20, 2026

AI

East Coast Warehouse & Distribution has fully leased a 321,440 sq ft industrial building located at 9200 FM 1405 in Baytown, TX. The asset is held by Velocis and features 69 dock doors, parking for 224 cars, and space for 87 trailers.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $42.5 million
  • Address: 9200 FM 1405, Baytown
  • Landlord: Jim Yoder - Velocis
  • Tenant: Jamie Overley - East Coast Warehouse & Distribution
  • Landlord's Representative: KDC Advisors
  • Tenant's Representative: Cushman & Wakefield

This lease transaction involved key individuals including Jim Yoder representing Velocis as the landlord and Jamie Overley from East Coast Warehouse & Distribution as the tenant. The deal was brokered by KDC Advisors for the landlord and Cushman & Wakefield for the tenant.

Players

Cushman & Wakefield
Cushman & WakefieldBrokerage

Baytown 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