Updated Jul 18, 2025
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
About this deal
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.
On the Map
Industrial
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Players
Tomball 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