Harbor Hill Holdings Sells 25,386 Square Foot Industrial Building In Tomball To Local Investor
1302 South Cherry Street
Building Size
25,386 SF
Asset Type
Industrial
Closing
Jul 16, 2025
AI
A 25,386-square-foot manufacturing building located at 1302 South Cherry Street in Tomball, TX, was sold. The transaction involved a seller known as Harbor Hill Holdings, engaging in the industrial asset segment of the market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 25,386
- Address: 1302 South Cherry Street
- Market: Tomball
- Seller: Harbor Hill Holdings
- Brokers: Wyatt Huff & Hunter Stockard - Partners Real Estate
Wyatt Huff and Hunter Stockard, representing the seller, played a pivotal role in facilitating this transaction, highlighting their connection with Partners Real Estate. The buyer was identified as a local private investor.
Players
Tomball 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