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510 South Sam Houston Parkw...

Colliers Represents Buyer Chase Spence & Jeff Peltier In Sale Of Industrial Building In Houston
SOLDIndustrial

Colliers Represents Buyer Chase Spence & Jeff Peltier In Sale Of Industrial Building In Houston

510 South Sam Houston Parkway East

Building Size

64,881 SF

Asset Type

Industrial

Closing

Aug 5, 2025

AI

A newly built industrial property located at 510 South Sam Houston Parkway East spans 64,881 square feet and sits on 4.7 acres within the Houston market. This property features a spec industrial building and is part of a closed transaction.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 510 South Sam Houston Parkway East
  • Market: Houston
  • Asset Size: 64,881 square feet
  • Land Area: 4.7 acres
  • Buyer's Representative: Chase Spence & Jeff Peltier - Colliers
  • Seller's Representative: Travis Land & A.J. Williams - Partners Real Estate

The transaction was brokered by Partners Real Estate, with Travis Land and A.J. Williams representing the seller. Chase Spence and Jeff Peltier of Colliers acted as the buyer's representatives, while both parties remain anonymous.

Players

Jeff Peltier

Colliers

Broker

5 deals

Broker
Colliers
ColliersBrokerage

Houston 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