Updated Nov 14, 2025
Michael Brennan Of Brennan Investment Group Acquires 7.5-acre Industrial Facility In Houston
55 Southbelt Industrial Drive
Building Size
32,025 SF
Asset Type
Industrial
Closing
Nov 13, 2025
About this deal
AI
The property asset involved in this transaction is an industrial outdoor storage facility located at 55 Southbelt Industrial Drive in Houston. The facility encompasses 7.5 acres of land and includes a building that covers 32,025 square feet. The asset features 17 grade-level doors, a 30-ton exterior crane, and offers 4 acres dedicated to outdoor storage.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 55 Southbelt Industrial Drive
- Market: Houston
- Square Footage: 32,025
- Acreage: 7.5
- Buyer: Michael Brennan
- Company: Brennan Investment Group
Michael Brennan, representing Brennan Investment Group, was the buyer in this transaction. The acquisition involves a significant industrial space in a market that serves various logistical and storage needs.
On the Map
Industrial
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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