Updated Sep 9, 2024
Nan & Company Properties Sells Industrial Property In Houston For $3.5M
80 White Rd Houston, TX 77047, USA
$3,500,000
$127/SF
Building Size
27,500 SF
Asset Type
Industrial
Closing
Jun 2, 2023
About this deal
AI
The industrial property located at 80 White Road in Houston has been sold for $3,500,000. The property spans a total area of 27,500 square feet, resulting in a price per square foot of $127.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,500,000
- Address: 80 White Road, Houston
- Market: Houston
- Broker: Victoria Luo - Nan & Company Properties
- Square Footage: 27,500
- Price per Square Foot: $127
Leading the transaction was Victoria Luo from Nan & Company Properties. They represented either the buyer or seller in this deal.
Texas 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93