Updated Jul 9, 2025
Salvador Aragon Represents Buyer In Sale Of 3116 Garrow Street Industrial Property For Houston Market
3116 Garrow Street
Building Size
8,541 SF
Asset Type
Industrial
Closing
Jun 30, 2025
About this deal
AI
The asset involved in this transaction is an industrial property located at 3116 Garrow Street, Houston, with a total square footage of 8,541. The nature of the transaction was a sale, and the closing took place within a timeline of 70 days.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Address: 3116 Garrow Street
- Market: Houston
- Buyer's Representative: Salvador Aragon
- Seller's Representative: Fred Ghabriel - Bejjani & Associates Inc
Hunt Commercial acted as the representative for the undisclosed buyer in this transaction. Additionally, Hunt Commercial is actively seeking further opportunities in the retail, industrial, and warehouse sectors.
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