facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

4725 Lawndale St La Marque,...

Wolf Capital Partners Acquires 43K SF Industrial Facility In La Marque, Galveston County
SOLDIndustrial

Wolf Capital Partners Acquires 43K SF Industrial Facility In La Marque, Galveston County

4725 Lawndale St La Marque, TX 77568, USA

Building Size

43,000 SF

Asset Type

Industrial

Closing

Jun 7, 2023

AI

An industrial facility measuring 43,000 square feet in La Marque, Galveston County, has been sold with the assistance of Partners Real Estate. The property, built in 1978, is a single-tenant facility.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not mentioned
  • Address: 4725 Lawndale Street, La Marque
  • Market: La Marque, Galveston County
  • Size: 43,000 square feet
  • Acres: 3

The seller of the industrial facility, Baucom Property Leasing LLC, was represented by Cary Latham and Wyatt Huff of Partners Real Estate. On the other hand, the buyer, Wolf Capital Partners, was represented by Anthony Heins of Heins Properties.

Players

Cary Latham

Stream Realty Partners⁠

Broker

$8.2M

vol

13 deals

Broker
WP
Wolf Capital PartnersBuyer

Texas 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