Updated Sep 9, 2024
Junction Commercial Real Estate Sells Industrial Property In Houston
1001 Shaw Avenue
Building Size
80,110 SF
Asset Type
Industrial
Closing
Aug 1, 2022
About this deal
AI
An industrial property located at 1001 East Shaw Avenue in Houston has been sold. The property spans a total of 80,110 square feet. The transaction was facilitated by Reed Vestal and John Erck of Junction Commercial Real Estate.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 1001 East Shaw Avenue
- Market: Houston
- Size: 80,110 square feet
The sale of the property was handled by Reed Vestal and John Erck, both representing Junction Commercial Real Estate. For more information, please refer to the full release here.
Players
Fresno Industrial Market Snapshot
Boundary boundary · Industrial · Sale 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