Center Capital Partners Acquires Industrial Property From Jenkins Transport In Spring Texas For $XXXX
23231 West Hardy Road
Building Size
8,000 SF
Asset Type
Industrial
Closing
May 3, 2026
AI
The property asset involved in the transaction is an 8,000 square foot industrial space located at 23231 West Hardy Road, Spring, TX. This transaction signifies a sale-leaseback arrangement between the parties involved.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Center Capital Partners
- Seller: Jenkins Transport
- Brokers: Emil Shabot & David Warren - KSR
- Date of Transaction: 5/4/2026
KSR negotiated this IOS site on an off-market basis, facilitating the transaction between Center Capital Partners and Jenkins Transport. The brokers for this deal are Emil Shabot and David Warren, who can be contacted for similar opportunities nationwide.
Players
Spring Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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