Foxconn Assembly Leases 200,200 SF Industrial Space At 9625 Fallbrook Pines In Houston
9625 Fallbrook Pines, Houston, TX, USA
Building Size
200,200 SF
Asset Type
Industrial
Closing
Jun 6, 2020
AI
An industrial property located at 9625 Fallbrook Pines in Houston has recently been leased. The property spans an area of 200,200 square feet, making it suitable for various industrial activities.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 9625 Fallbrook Pines
- Market: Houston
- Tenant: Foxconn Assembly
- BROKERS: Brian Gammill, Darryl Noon, Jude Filippone, & Carter Thurmond - Transwestern
Foxconn Assembly has secured the lease for this industrial property. The deal was facilitated by a team of brokers, namely Brian Gammill, Darryl Noon, Jude Filippone, & Carter Thurmond from Transwestern.
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