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1301 Lathrop Street

Brian Sanders Sells Industrial Property At 1301 Lathrop Street In Houston With Rep Trent Grothues
SOLDIndustrial

Brian Sanders Sells Industrial Property At 1301 Lathrop Street In Houston With Rep Trent Grothues

1301 Lathrop Street

Building Size

45,000 SF

Asset Type

Industrial

Closing

Sep 29, 2025

AI

The property involved in this transaction is an industrial asset situated at 1301 Lathrop Street in Houston. The total square footage of the property is 45,000 square feet. The seller of the property is Brian Sanders.

Summary of transaction details:

The transaction involved key individuals, with Derick Perkins, Kyle Fischer, and Jonas Fertitta representing the buyer through Alpine Partners. The seller was represented by Trent Grothues from Pollan Hausman, while Troup Rolland from Capital Real Estate Commercial acted as the debt broker in the deal.

Players

Kyle Fischer

Alpine Partners

Broker

$2.1M

vol

14 deals

Broker
Troup Rolland
Verified Badge

Troup Rolland

Capital Real Estate Commercial⁠

Broker

$8.2M

vol

26 deals

Broker
Brian Sanders

Brian Sanders

Seller

$955K

vol

2 deals

Seller

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