Nathan Rodriguez Of CenterMark Commercial Real Estate Represents Buyer In Industrial Sale At 7028 Gessner Road
7028 Gessner Road
Building Size
30,606 SF
Asset Type
Industrial
Closing
Mar 25, 2025
AI
The asset involved in this transaction is an industrial property located at 7028 Gessner Road in Houston. The total square footage of the property is 30,606. The transaction took place on March 25, 2025.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 7028 Gessner Road
- Market: Houston
Representing the buyer in this transaction is Nathan Rodriguez from CenterMark Commercial Real Estate. The seller's representatives are Peyton Easley and Devon Gasaway from Titan Commercial.
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