SOLDIndustrial
Tiva Technologies Sells Industrial Property In Tomball, TX To Belvoir Real Estate Group
23540 Coons Road, Tomball, TX 77375, USA
Building Size
37,625 SF
Asset Type
Industrial
Closing
Aug 28, 2021
AI
An industrial property located at 23540 Coons Road in Tomball has been sold. The property spans 37,625 square feet and was transacted by Tiva Technologies.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Seller: Tiva Technologies
- Broker: Nick Spearman - Belvoir Real Estate Group, LLC
Nick Spearman of Belvoir Real Estate Group, LLC represented Tiva Technologies during the transaction.
Players
Tomball 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