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
About this deal
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.
On the Map
Office
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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