Updated Oct 28, 2024
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
About this deal
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.
On the Map
Industrial
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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