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1560 Industrial Drive, Miss...

Wolf Capital Partners Acquires Industrial Property In Missouri City, Texas
SOLDIndustrial

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

David Buescher

JLL

Broker

$170.5K

vol

8 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