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1308 North 1st Street, Gruv...

Updated Oct 28, 2024

Crossfit Central Houston Acquires Industrial Property In Bellaire, Texas
SOLDIndustrial

Crossfit Central Houston Acquires Industrial Property In Bellaire, Texas

1308 North 1st Street, Gruver, TX 79040

Building Size

16,000 SF

Asset Type

Industrial

Closing

Nov 1, 2021

About this deal

AI

An industrial property located at 1308 N. 1st Street in Bellaire has been sold. The property covers an area of 16,000 square feet.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1308 N. 1st Street
  • Market: Bellaire
  • Asset Type: Industrial
  • Square Footage: 16,000

The buyer of the property is Crossfit Central Houston. Representing the seller is Ben Sample from CRESA, while James Kadlick from Rockspring Properties acted as the buyer's representative.

Traded’s record for 1308 North 1st Street, Gruver, TX 79040 in Gruver, Texas covers a industrial sale from 2021. The building is 16,000 square feet, implying about 0 per square foot on the published price. James Kadlick, Ben Sample, Cresa, Colliers appear on the sale alongside Cresa, Colliers. This page is the Gruver, Texas file for the 1308 North 1st Street, Gruver, TX 79040 industrial sold: pricing, party profiles, and other closed industrial comps from the same Gruver sit in the Market section below. Filter that Gruver industrial set by closing date to see what else sold near 1308 North 1st Street, Gruver, TX 79040 around 2021. Cite this Crossfit Central Houston Acquires Industrial Property In Bellaire, Texas sale when underwriting similar industrial product around Gruver, Texas.

Players

James Kadlick

Colliers

Broker

17 deals

Broker

Gruver 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

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