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7491 Rankin Road

William R. Crooker Of Stag Industrial Acquires Industrial Asset From Jeffrey Phelan In Humble
SOLDIndustrial

William R. Crooker Of Stag Industrial Acquires Industrial Asset From Jeffrey Phelan In Humble

7491 Rankin Road

Building Size

Asset Type

Industrial

Closing

Sep 26, 2025

AI

The sale involves an industrial property located at 7491 Rankin Road in Humble. The transaction represents an asset with specific characteristics tied to the industrial market. Details of the price, square footage, and specific market value are defined within the closed transaction context.

Summary of transaction details:

The transaction highlights the involvement of key individuals such as William R. Crooker, representing Stag Industrial as the buyer, and Jeffrey Phelan representing Phelan Bennett Development as the seller. The brokerage team from JLL, comprising Trent Agnew, Charlie (Charles) Strauss, Lance Young, Brooke Petzold, and Dawson Hastings, facilitated the deal, demonstrating a collaborative effort in this closed property transaction.

Players

Charlie Strauss

JLL

Broker

30 deals

Broker
JLL
JLLBrokerage
William R. Crooker

William R. Crooker

Stag Industrial

Buyer

$107.6M

vol

6 deals

Buyer
Stag Industrial
Stag IndustrialBuyer
Jeffrey Phelan

Jeffrey Phelan

Seller

$124.9M

vol

5 deals

Seller

Humble 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