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9625 Fallbrook Pines, Houst...

Foxconn Assembly Leases 200,200 SF Industrial Space At 9625 Fallbrook Pines In Houston
LEASEDIndustrial

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

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

Jude Filippone

Transwestern

Broker

7 deals

Broker

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