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9306 Summerbell Lane

Rigoberto Juarez & Ryley Caton Facilitate 10,000 SF Industrial Sale In Houston
SOLDIndustrial

Rigoberto Juarez & Ryley Caton Facilitate 10,000 SF Industrial Sale In Houston

9306 Summerbell Lane

Building Size

10,000 SF

Asset Type

Industrial

Closing

Apr 11, 2024

AI

An industrial building spanning 10,000 square feet located at 9306 Summerbell Lane in southwest Houston has been sold. The property features 14-foot clear heights, five dock-high doors, and a total of 500 square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 9306 Summerbell Lane
  • Market: Houston
  • Asset Type: Industrial
  • Square Footage: 10,000

Rigoberto Juarez from Global Investment Realty represented the buyer in this transaction, while Jeffrey Arnaud and Ryley Caton from Oxford Partners worked as the seller's representatives.

Players

Ryley Caton

Oxford Partners

Broker

2 deals

Broker

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