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18913 Phillip Way

Updated Sep 8, 2026

Bilt advertisement
New Caney Beverage Sells 55,700 Square Foot Industrial Building In New Caney, Texas
SOLDIndustrial

New Caney Beverage Sells 55,700 Square Foot Industrial Building In New Caney, Texas

18913 Phillip Way

Building Size

55,700 SF

Asset Type

Industrial

Closing

Jul 21, 2026

About this deal

AI

The transaction involved the sale-leaseback of an industrial building located at 18913 Phillip Way in New Caney, Texas. The asset encompasses a total of 55,700 square feet and is currently occupied by New Caney Beverage.

Summary of transation details:

Partners Real Estate facilitated the transaction, where Griff Brandy, Ryan Osborn, Wyatt Huff, and Hunter Stockard represented the seller and tenant, New Caney Beverage, during the sale-leaseback deal. The buyer's identity is not disclosed.

Players

Wyatt Huff

Partners Real Estate

Broker

17 deals

Broker
New Caney Beverage
New Caney BeverageSeller

Powhatan Point 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

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