Steve Sunday Of Sunair Products Inc Acquires Industrial Campus In North Richland Hills For Expansion
6550 Wuliger Way
Building Size
124,000 SF
Asset Type
Industrial
Closing
Feb 17, 2026
AI
The property asset involved in this transaction is a 124,000 square foot industrial campus located at 6550 Wuliger Way in North Richland Hills. The site encompasses 11 acres and is situated within a dynamic market area. Sunair Products Inc has acquired this premises as part of a strategic expansion plan.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 124,000 SF
- Address: 6550 Wuliger Way
- Market: North Richland Hills
- Buyer: Steve Sunday - Sunair Products Inc
- Seller: TLP 6550 Wuliger Way LLC
- Buyer's Representative: Luke Clardy - Bradford Commercial Real Estate Services
- Seller's Representatives: Will Carney & Brad Balke - KBC Advisors
Sunair Products plans to enhance the office space and expand its distribution operations, facilitating a modern headquarters to accommodate ongoing growth. This acquisition more than doubles the size of their existing headquarters in Haltom City.
Players
North Richland Hills 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