facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

13001 Elaine Road

Slyde G8 Fabrication Acquires Industrial Property From Red Beard Capital In Houston For 12,000SF
SOLDIndustrial

Slyde G8 Fabrication Acquires Industrial Property From Red Beard Capital In Houston For 12,000SF

13001 Elaine Road

Building Size

12,000 SF

Asset Type

Industrial

Closing

May 13, 2025

AI

This industrial property is located at 13001 Elaine Road in Houston, encompassing a total of 12,000 square feet on a 3.4-acre site. The site is positioned in South Houston, conveniently near the intersection of SH-288 and Beltway 8.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 13001 Elaine Road
  • Market: Houston
  • Asset Size: 12,000 SF
  • Land Area: 3.4 AC
  • Buyer: Slyde G8 Fabrication
  • Seller: Red Beard Capital
  • Brokers: Derick Perkins & Kyle Fischer - Alpine Partners
  • Listing Duration: 45 days to source tenant
  • Tenant Purchase Option: Executed after 1 year

The transaction was facilitated by brokers Derick Perkins and Kyle Fischer from Alpine Partners, who were instrumental in securing the tenant within a short listing period. Their efforts culminated in the tenant executing a purchase option after one year.

Players

Kyle Fischer

Alpine Partners

Broker

$2.1M

vol

14 deals

Broker
Alpine Partners
Alpine PartnersBrokerage

Houston Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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