Colliers Brokers Sale Of 80295 Square Foot Industrial Facility In Houston For Strong Buyer Interest
14333 Sommermeyer Street
Building Size
80,295 SF
Asset Type
Industrial
Closing
Oct 7, 2025
AI
An 80,295-square-foot industrial facility has been successfully sold at 14333 Sommermeyer Street, Houston. The property spans 6.9 acres and is located in the Northwest Inner Loop submarket, which is known for its strong industrial demand and strategic proximity to major transportation corridors. The facility is equipped with heavy power, crane capacity, and features a stabilized yard.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 14333 Sommermeyer Street
- Market: Houston
- Square Footage: 80,295
- Acres: 6.9
- Brokerage: Colliers
- Brokers: Jason Tangen, Barrett Gibson & Paul Dominique
The transaction was facilitated by Colliers, with Jason Tangen, Barrett Gibson, and Paul Dominique representing the brokerage. The property's versatile characteristics and its appeal to buyers were highlighted during the transaction process.
Players
Houston 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