600 Southwest Military Ltd Sells Property At 5999 W 34th St Houston With Rep Joshua Lass
5999 W 34th St, Houston, TX, 77092
Building Size
22,738 SF
Asset Type
Industrial
Closing
Nov 19, 2023
AI
The property involved in this transaction is an industrial property located at 5999 W 34th St, Houston, TX, 77092. The property encompasses a total square footage of 22,738 and is situated within the Houston market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 5999 W 34th St, Houston, TX, 77092
- Square Footage: 22,738
- Buyer: Unknown
- Seller: 600 Southwest Military Ltd
- Buyer's Representatives: Justin Cole - Berkadia, Chase Cribbs - Lee & Associates
- Seller's Representatives: Joshua Lass-Sughrue, Jason Ridenbaugh - NAI Partners
Chase Cribbs and Justin Cole of Lee & Associates represented the undisclosed buyer in this industrial property sale, while Joshua Lass-Sughrue and Jason Ridenbaugh of NAI Partners acted on behalf of the seller, 600 Southwest Military Ltd.
Players
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