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6401 Southwest Fwy, Houston...

BI Inc Leases 7200 Square Feet At 6401 Southwest Fwy Houston With Chris Nash As Tenant's Rep
LEASEDOffice

BI Inc Leases 7200 Square Feet At 6401 Southwest Fwy Houston With Chris Nash As Tenant's Rep

6401 Southwest Fwy, Houston, TX, 77...

Building Size

7,200 SF

Asset Type

Office

Closing

Aug 8, 2017

AI

6401 Southwest Freeway is a leased property located in Houston, Texas, encompassing a total of 7,200 square feet. The transaction involved BI Inc as the tenant, while FCA served as the landlord.

Summary of transation details:

  • Property Type: LEASE
  • Transaction Amount: Not specified
  • Address: 6401 Southwest Fwy, Houston, TX
  • Market: Houston
  • Tenant: BI Inc
  • Landlord: FCA
  • Square Feet: 7200
  • Tenant's Representative: Chris Nash - Lee & Associates
  • Landlord's Representative: Tara Oliver - Blue Ocean Property Management

The deal involved key representatives: Chris Nash of Lee & Associates acted on behalf of BI Inc, while Tara Oliver of Blue Ocean Property Management represented FCA in the transaction. This collaboration facilitated the successful leasing of the property.

Players

Chris Nash

Hughes Marino

Broker

4 deals

Broker
FCA
FCALandlord

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