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13744 Pike Road, Missouri C...

Adkisson Group Sells Industrial Property In Missouri City To Buyer's Rep Sam Chang
SOLDIndustrial

Adkisson Group Sells Industrial Property In Missouri City To Buyer's Rep Sam Chang

13744 Pike Road, Missouri City, TX 77489, USA

Building Size

15,525 SF

Asset Type

Industrial

Closing

Mar 26, 2021

AI

The industrial property located at 13744 Pike Road in Missouri City has been sold in a recent transaction. The property spans across 15,525 square feet and is situated in a desirable market.

Summary of transaction details:

The sale of this industrial property was facilitated by Travis Land and AJ Williams from NAI Partners who represented the seller, Adkisson Group. On the buyer's side, Sam Chang from Henry S. Miller acted as their representative in the transaction.

Players

Travis Land

Partners Real Estate

Broker

20 deals

Broker
NAI Global
NAI GlobalBrokerage

Missouri City 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