Updated Oct 28, 2024
Mainna Investments Acquires 6.24 Acres Of Industrial Property In Sugar Land
South Dairy Ashford Road, TX
Building Size
271,814 SF
Asset Type
Industrial
Closing
Jun 6, 2020
About this deal
AI
An industrial property located on S Dairy Ashford Rd in Sugar Land has been sold. The property spans 6.24 acres and was part of a recent transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Date: 06/06/2021
- Address: S Dairy Ashford Rd
- Market: Sugar Land
- Acreage: 6.24
Mainna Investments, LP has acquired the property. The deal was facilitated by brokers John Ferruzzo and Nick Peterson from Transwestern.
Traded’s record for South Dairy Ashford Road, TX in Houston, Texas covers a industrial sale from 2020. The building is 271,814 square feet, implying about 0 per square foot on the published price. Nick Peterson, John Ferruzzo, Transwestern appear on the sale alongside Transwestern. This page is the Houston, Texas file for the South Dairy Ashford Road, TX industrial sold: pricing, party profiles, and other closed industrial comps from the same Houston sit in the Market section below. Filter that Houston industrial set by closing date to see what else sold near South Dairy Ashford Road, TX around 2020. Cite this Mainna Investments Acquires 6.24 Acres Of Industrial Property In Sugar Land sale when underwriting similar industrial product around Houston, Texas.
On the Map
Industrial
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Players
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