Colliers Represents Glenmorangie LLC In Sale Of Industrial Property In Rosharon
4011 Chance Ln, Rosharon, TX 77583
Building Size
10,575 SF
Asset Type
Industrial
Closing
Aug 28, 2022
AI
In a recent transaction in Rosharon, an industrial property located at 4011 Chance Lane was sold. The property has a total square footage of 10,575 and was sold by Glenmorangie LLC.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 08/29/2022
- Address: 4011 Chance Lane
- Market: Rosharon
- Square Footage: 10,575
- Seller: Glenmorangie LLC
- Brokers: Christopher Winters & Walter Menuet - Colliers
The sale of this industrial property on Chance Lane was facilitated by the brokers Christopher Winters and Walter Menuet, who represent Colliers. They played a significant role in connecting the buyer and seller and ensuring a successful transaction.
Players
Lometa 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