Updated Oct 29, 2024
Welcome Group Acquires Industrial Land In Baytown's Cedar Port Industrial Park
Baytown, TX 77523, USA
Building Size
10,018,800 SF
Asset Type
Industrial
Closing
Aug 6, 2020
About this deal
AI
The Cedar Port Industrial Park in Baytown has been sold in a recent transaction. The industrial land, spanning over 1,001,880 square feet, has changed hands. The sale took place on August 7, 2020.
Summary of transaction details
- Property Type: Industrial Land
- Transaction Amount: Not mentioned
- Address: Cedar Port Industrial Park
- Market: Baytown
The buyer of the property is Welcome Group, represented by Ryan Wasaff. The deal was facilitated by brokers John Simons, Joel Michael, and Holden Rushing from NAI Partners.
On the Map
Industrial
View full map
Players
Baytown Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas industrial sales on Traded.
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