facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Industrial

/

Sale

/

7500 FM 1405, Baytown, TX, USA

Syntech Chemicals Acquires Industrial Property In Baytown, Texas
SOLDIndustrial

Syntech Chemicals Acquires Industrial Property In Baytown, Texas

7500 FM 1405, Baytown, TX, USA

Building Size

18,000 SF

Asset Type

Industrial

Closing

Apr 2, 2021

AI

An industrial property located at 7500 FM 1405 in Baytown has been sold. The property spans across 18,000 square feet and was purchased by Syntech Chemicals.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Address: 7500 FM 1405
  • Market: Baytown
  • Square Footage: 18,000

The sellers, TGS Cedar Port Partners represented by John Klein & Matt Fleming, completed the transaction with the support of their representatives, Joel Michael, John Simmons & Holden Rushing from NAI Partners. On the other hand, Syntech Chemicals was represented by Bill Rudolf & Kyle Golding from CBRE.

Players

Holden Rushing

NAI Global

Broker

6 deals

Broker

Baytown Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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