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Colliers Brokers Off-Market Sale Of Tanner Road Business Park In Houston's Northwest Submarket
SOLD
Texas
See Similar DealsIndustrial83,512 SF
Sold 04/11/2025
SOLD
Colliers Brokers Off-Market Sale Of Tanner Road Business Park In Houston's Northwest Submarket
9869 Tanner Road
See Similar DealsIndustrial83,512 SF
Sold 04/11/2025
Summary
TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:83,512 SF
Transaction Type:Sale
The property asset involved in the transaction is Tanner Road Business Park, an industrial complex spanning 83,512 square feet. It is located at 9863-9869 Tanner Road within the Houston market. The sale was executed off-market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 9863-9869 Tanner Road
- Market: Houston
- Size: 83,512 SF
The deal was facilitated by Colliers, with brokers Connor Duffy, Todd Moore, and Zack Martin representing the buyer. The buyer intends to undertake extensive renovations and a full tenant turnover as part of their strategy to add value to the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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