Updated Mar 24, 2025
Sale Of Industrial Property At 15550 Export Plaza Drive In Houston For 27800 SF
15550 Export Plaza Drive
Building Size
27,800 SF
Asset Type
Industrial
Closing
Mar 21, 2025
About this deal
AI
The property asset involved in this transaction is located at 15550 Export Plaza Drive in the Houston market. This industrial asset encompasses a total square footage of 27,800. The sale transaction was officially recorded on March 21, 2025.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 15550 Export Plaza Drive
- Market: Houston
- Square Footage: 27,800
The deal involved multiple brokers from Lee & Associates, specifically CE "Trey" Erwin III, Joshua (Josh) Carl, and Jason Dannatt, who represented the parties in this transaction.
On the Map
Industrial
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Players
Houston 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