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3550 Lang Road

Nick Terry Of Rivergate Capital Acquires Industrial Asset In Houston For $3.32M
SOLDIndustrial

Nick Terry Of Rivergate Capital Acquires Industrial Asset In Houston For $3.32M

3550 Lang Road

Building Size

45,503 SF

Asset Type

Industrial

Closing

Mar 31, 2026

AI

The asset involved in this transaction is an industrial property located at 3550-3580 Lang Road in Houston. The total square footage of the property is 45,503.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 3550-3580 Lang Road
  • Market: Houston
  • Buyer: Nick Terry - Rivergate Capital
  • Buyer's Representative: Austin Honey & Jace Martin - Titan Commercial
  • Seller's Representative: Ada Wang - KW Commercial

The deal involved Nick Terry representing Rivergate Capital as the buyer. The transaction was facilitated by Austin Honey and Jace Martin from Titan Commercial, who represented the buyer's interests. Ada Wang from KW Commercial was involved as the representative for the seller in this transaction.

Players

Austin Honey

Titan Commercial

Broker

3 deals

Broker
Nick Terry

Nick Terry

Buyer

4 deals

Buyer

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