Updated May 15, 2025
Finial Group Facilitates Sale Of 21879 Square Foot Industrial Warehouse In Houston
11505 Todd Street
Building Size
—
Asset Type
Industrial
Closing
May 15, 2025
About this deal
AI
A 21,879-square-foot warehouse located at 11505 Todd Street was sold in the Houston market. This industrial property, constructed in 1953, was designed as a single-tenant facility, and the identities of both the buyer and seller have not been disclosed.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 11505 Todd Street
- Market: Houston
- Broker: Chase Tucker & William Alcorn - Finial Group
Finial Group played a key role in facilitating the transaction of this property, ensuring the sale proceeded smoothly while keeping the participating parties' identities confidential.
On the Map
Industrial
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Players
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