Southwaste Disposal Leases 6,484 SF Office Space In Houston's Katy Freeway West Submarket
16350 Park Ten Pl Houston, TX 77084, USA
Building Size
6,484 SF
Asset Type
Office
Closing
Jun 19, 2023
AI
The lease of 6,484 square feet of office space located at 16350 Park Ten Place in Houston has been finalized. The property is situated in Houston's Katy Freeway West submarket.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 16350 Park Ten Place, Houston
- Market: Houston
- Size: 6,484 square feet
Southwaste Disposal LLC has leased the office space. They were represented by Ryan Hartsell from Oxford Partners in the lease negotiations. Lina T Ramey from PTP Houston served as the landlord. Paula Musa from Transwestern represented PTP Houston in the lease negotiations.
Players
Texas 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