facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Lease

/

9600 Bamboo Road

Book Trolls Management Inc Renews 50600 SF Industrial Lease At 9600 Bamboo Road Houston
LEASEDIndustrial

Book Trolls Management Inc Renews 50600 SF Industrial Lease At 9600 Bamboo Road Houston

9600 Bamboo Road

Building Size

50,600 SF

Asset Type

Industrial

Closing

May 2, 2025

AI

The asset involved in this transaction is an industrial property located at 9600 Bamboo Road in Houston. The asset has a total square footage of 50,600. This property is situated in the industrial market segment, which is notable for its capacity to accommodate operations such as manufacturing and logistics.

Summary of transaction details:

Chase Tucker of Finial Group represented the undisclosed landlord in the lease transaction for Book Trolls Management Inc., which was a renewal of their lease at the property. This renewal further establishes Book Trolls Management Inc.'s continued presence in the industrial market of northwest Houston.

Players

Chase Tucker

Finial Group

Broker

8 deals

Broker

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