Asset Living Leases Office Space In West Houston's Bunker Hill Road With Tenant's Rep Dan Boyles
945 Bunker Hill Road
Building Size
24,040 SF
Asset Type
Office
Closing
Jun 30, 2022
About this deal
AI
The leased property at 945 Bunker Hill Road, located in West Houston, has been transacted. The property is an office space with a total square footage of 24,040.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Lease
- Address: 945 Bunker Hill Road
- Market: West Houston
- Square Footage: 24,040
The tenant involved in this transaction is Asset Living. Representing the landlord, MetroNational, are Brad MacDougal and Warren Alexander. Dan Boyles from NAI Partners acts as Asset Living's representative in this lease deal.
On the Map
Office
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Players
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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