Quanex Building Products Corp. Leases Office Space At 945 Bunker Hill Road In Houston
945 Bunker Hill Road
Building Size
16,545 SF
Asset Type
Office
Closing
Aug 8, 2022
About this deal
AI
The leased property is located at 945 Bunker Hill Road in Houston. It is an office space measuring 16,545 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 945 Bunker Hill Road
- Market: Houston
- Landlord: MetroNational
- Tenant: Quanex Building Products Corp.
- Landlord's Representative: Brad MacDougall & Warren Alexander - MetroNational
- Tenant's Representative: Andy Iversen, John Luck & Kaitlyn Duffie - Newmark
The property was leased by Quanex Building Products Corp. The landlord, MetroNational, was represented by Brad MacDougall and Warren Alexander. On the other hand, Andy Iversen, John Luck, and Kaitlyn Duffie from Newmark served as Quanex Building Products Corp.'s representatives in the deal.
On the Map
Office
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Players
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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