Updated Dec 21, 2023
Adam Abushagur & Max Lozmack Of Marcus & Millichap Sell Industrial Property In Houston On Clay Road
16840 Clay Road, Houston, Texas 77084, United States
Building Size
40,219 SF
Asset Type
Industrial
Closing
May 1, 2022
About this deal
AI
An industrial property located at 16840 Clay Road in Houston has been sold. The property spans approximately 40,219 square feet. The transaction took place on 05/02/2022.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: Not mentioned
- Address: 16840 Clay Road, Houston
- Square Footage: 40,219
- Market: Houston
The sale of this industrial property was facilitated by Adam Abushagur and Max Lozmack, both representing Marcus & Millichap.
Traded’s record for 16840 Clay Road, Houston, Texas 77084, United States in Houston, Texas covers a industrial sale from 2022. The building is 40,219 square feet, implying about 0 per square foot on the published price. Max Lozmack, Adam Abushagur, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Houston, Texas file for the 16840 Clay Road, Houston, Texas 77084, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else sold near 16840 Clay Road, Houston, Texas 77084, United States around 2022. Cite this Adam Abushagur & Max Lozmack Of Marcus & Millichap Sell Industrial Property In Houston On Clay Road sale when underwriting similar industrial product around Houston, Texas.
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