Updated May 20, 2025
Alpine Partners Sells Industrial Property On 113 Berry Road To Capital Real Estate Commercial
113 Berry Road
Building Size
20,000 SF
Asset Type
Industrial
Closing
May 11, 2025
About this deal
AI
The property involved in the transaction is located at 113 Berry Road in Houston. It is an industrial asset comprising 20,000 square feet with crane-served buildings situated on a 4-acre stabilized yard. The site is conveniently positioned minutes from major highways including I-45, I-69, and I-610. The sale included a single-tenant, long-term, NNN lease in place.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 113 Berry Road
- Market: Houston
- Square Footage: 20,000
- Buyer's Representative: Troup Rolland - Capital Real Estate Commercial
- Seller's Representatives: Derick Perkins & Kyle Fischer - Alpine Partners
This transaction was brokered off-market by Alpine Partners and Capital Real Estate. It is notable for its infill location within North Houston.
On the Map
Industrial
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Houston 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