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125 West Crosstimbers Street

Azim Makanojiya & Sharez Prasla Acquire Industrial Property At 125 West Crosstimbers Street In Houston
SOLDIndustrial

Azim Makanojiya & Sharez Prasla Acquire Industrial Property At 125 West Crosstimbers Street In Houston

125 West Crosstimbers Street

Building Size

46,160 SF

Asset Type

Industrial

Closing

Jun 9, 2025

AI

This transaction involves an industrial property located at 125 West Crosstimbers Street in Houston, Texas. The asset encompasses 46,160 square feet situated on over 2.4 acres, positioned at the southwest corner of Yale Street and West Crosstimbers Street. The property is noted for its high visibility and robust street access, serving as a site for a new retail development.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 125 West Crosstimbers Street
  • Market: Houston
  • SF: 46,160
  • Buyer: Azim Makanojiya & Sharez Prasla - Kroozinn Crosstimbers LLC
  • Seller: Tony Nguyen & Bruce Nguyen - Rezo Company
  • Broker: Mark Davis - Davis Commercial

The deal involved Azim Makanojiya and Sharez Prasla representing Kroozinn Crosstimbers LLC as the buyers, while Tony Nguyen and Bruce Nguyen represented Rezo Company as the sellers. Mark Davis of Davis Commercial was the broker facilitating the transaction. Note: REZO is pleased to announce the successful exit at this location, recognizing the efforts of the Davis Commercial Real Estate team for a smooth transition.

Players

Mark Davis

Davis Commercial

Broker

1 deal

Broker
Davis Commercial
Davis CommercialBrokerage

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