Enchanted Rock Management Leases 13,071 SF Office Space At 1113 Vine Street In Houston
1113 Vine Street, Houston, TX, USA
Building Size
13,071 SF
Asset Type
Office
Closing
Nov 1, 2021
About this deal
AI
An office space located at 1113 Vine Street in Houston has been leased. The property spans 13,071 square feet and belongs to Enchanted Rock Management, LLC.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1113 Vine Street
- Market: Houston
- Square Footage: 13,071
Zachary Coates from CXRE - Commercial Real Estate Services represented Enchanted Rock Management, LLC as the broker in this lease deal.
Traded’s record for 1113 Vine Street, Houston, TX, USA in Houston, Texas covers a office lease from 2021. Published size for 1113 Vine Street, Houston, TX, USA is 13,071 square feet. Named participants on the 1113 Vine Street, Houston, TX, USA lease are Zachary Coates. This page is the Houston, Texas file for the 1113 Vine Street, Houston, TX, USA office leased: pricing, party profiles, and other closed office comps from the same Houston sit in the Market section below. Filter that Houston office set by closing date to see what else leased near 1113 Vine Street, Houston, TX, USA around 2021. Cite this Enchanted Rock Management Leases 13,071 SF Office Space At 1113 Vine Street In Houston lease when underwriting similar office product around Houston, Texas.
Players
Houston Office Market Snapshot
Boundary boundary · Office · Lease 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