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2150 Lonestar Drive

Keith Bilski Of Finial Group Acquires Industrial Property In Sugar Land For Lone Star Flower Market
SOLDIndustrial

Keith Bilski Of Finial Group Acquires Industrial Property In Sugar Land For Lone Star Flower Market

2150 Lonestar Drive

Building Size

14,520 SF

Asset Type

Industrial

Closing

May 30, 2025

AI

Finial Group has acquired an industrial property located at 2150 Lonestar Drive in Sugar Land. The asset spans 14,520 square feet and is situated on a 1.6-acre lot. The property includes 2,000 square feet of office space and is currently occupied by Lone Star Flower Market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 14,520 SF
  • Acres: 1.6
  • Address: 2150 Lonestar Drive
  • Market: Sugar Land
  • Buyer: Keith Bilski - Finial Group
  • Brokers: Grant Gibson, Jack Gaffney & Jason Gibbons - Finial Group

The transaction involved key individuals from Finial Group, with Keith Bilski acting as the buyer. The brokerage team of Grant Gibson, Jack Gaffney, and Jason Gibbons represented Finial Group in the acquisition of this single-tenant property.

Players

Jack Gaffney

Finial Group

Broker

22 deals

Broker

Sugar Land 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