Wolf Capital Partners Acquires Industrial Property In Missouri City, Texas
1560 Industrial Drive, Missouri City, Texas 77489, United States
Building Size
21,000 SF
Asset Type
Industrial
Closing
Feb 2, 2022
AI
The industrial property located at 1560 Industrial Dr. in Missouri City, Texas has been sold in a transaction. The property spans 21,000 square feet and sits on 1.16 acres of land. The sale took place on February 3, 2022.
Summary of transaction details:
- Property Type: Industrial
- Square Footage: 21,000
- Acres: 1.16
- Address: 1560 Industrial Dr., Missouri City, Texas
- Market: Missouri City, Texas
The buyer of the property is Wolf Capital Partners, while TJD Properties Inc. served as the seller. David Buescher from JLL represented the buyer, and Cary Latham and Wyatt Huff from NAI Partners acted as the seller's representatives.
Players
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