facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Office

/

Lease

/

510 Bering Dr, Houston, TX,...

Partners Surgical LLC Leases 5106 Square Feet At 510 Bering Dr Houston Represented By Dan Boyles
LEASEDOffice

Partners Surgical LLC Leases 5106 Square Feet At 510 Bering Dr Houston Represented By Dan Boyles

510 Bering Dr, Houston, TX, 77057

Building Size

5,106 SF

Asset Type

Office

Closing

Jul 12, 2019

AI

The property asset involved in this transaction is a leased office space located at 510 Bering Drive, Houston, TX, 77057, covering an area of 5,106 square feet. The building was constructed in 1984 and has a total size of 100,840 square feet. The office lease pertains to the market in Houston.

Summary of transaction details:

  • Property Type: Office Lease
  • Transaction Amount: Not specified
  • Address: 510 Bering Dr, Houston, TX, 77057
  • Market: Houston
  • Tenant: Partners Surgical LLC
  • Landlord: Unknown
  • Tenant's Representative: Dan Boyles-NAI Capital
  • Landlord's Representative: Richard Barbles-Stream Realty Partners

Key individuals involved in this deal include Dan Boyles from NAI Partners, who represented Partners Surgical LLC during the lease negotiations. Richard Barbles from Stream Realty Partners represented the landlord in the transaction.

Players

Dan Boyles

Partners Real Estate

Broker

19 deals

Broker

Houston Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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