Danny Manasiya Acquires 13,500 SF Industrial Asset On Delany Road From Bravo Charlie
320 Delany Road
Building Size
13,500 SF
Asset Type
Industrial
Closing
May 31, 2026
AI
The property asset involved in this context is an industrial space located at 320 Delany Road in La Marque. This facility encompasses a total area of 13,500 square feet, representing a significant asset in the local industrial market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Danny Manasiya
- Seller: Bravo Charlie
- Buyer's Representative: Aasir Momin
- Seller's Representatives: Justin Tunnel & Preston Yaggi - Lee & Associates
The transaction was facilitated with Aasir Momin representing the buyer and Justin Tunnel along with Preston Yaggi representing the seller through Lee & Associates. This collaboration showcases the involvement of key individuals in ensuring the successful transfer of the industrial property.
Players
Market 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