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4011 Chance Ln, Rosharon, T...

Colliers Represents Glenmorangie LLC In Sale Of Industrial Property In Rosharon
SOLDIndustrial

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

Christopher Winters

Colliers

Broker

5 deals

Broker
GL
Glenmorangie LLCSeller

Lometa Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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