SOLDIndustrial
5959 S Sam Houston Parkway E Industrial Property Sold In Houston, TX By NAI Partners
5959 South Sam Houston Parkway East, Houston, TX 77048
Building Size
16,000 SF
Asset Type
Industrial
Closing
Aug 7, 2020
AI
The industrial property located at 5959 S Sam Houston Parkway E in Houston has been sold. The property measures approximately 16,000 square feet and was sold on August 7, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 5959 S Sam Houston Parkway E
- Market: Houston
- Seller: 5959 S Sam Houston Parkway E, LLC
- Brokers: Jake Wilkinson & Chris Caudill - NAI Partners
The sale was facilitated by Jake Wilkinson and Chris Caudill from NAI Partners, who represented the seller in the transaction.
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