LEASEDOffice
Logistics Health Incorporated Leases Office Space At 705 S. Fry Road In Houston
705 South Fry Road, Houston, TX, USA
Building Size
6,236 SF
Asset Type
Office
Closing
Dec 10, 2020
AI
Logistics Health Incorporated (LHI) has recently leased an office space in Houston. The property, located at 705 S. Fry Road, spans an area of 6,236 square feet. The lease transaction took place on 12/11/2020.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Market: Houston
Michael Mannella of NAI Partners represented LHI as their broker in this lease deal.
Players
Katy 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