Eurochem International Corp. Leases 8000 Square Feet At 3023 Farrell Rd, Houston From FCA
3023 Farrell Rd, Houston, TX, 77073
Building Size
8,000 SF
Asset Type
Single Family
Closing
Nov 29, 2016
AI
An 8,000 square feet single-tenant facility has been leased at 3023 Farrell Rd, Houston, TX 77073. This property is located within the Houston market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 3023 Farrell Rd, Houston, TX, 77073
- Market: Houston
- Tenant: Eurochem International Corp
- Landlord: FCA
- Tenant's Representative: Cameron Hicks (Lee & Associates)
- Landlord's Representatives: Mike Spears and Robert Noack (Lee & Associates)
The transaction involved multiple representatives from Lee & Associates, with Cameron Hicks, Reed Vestal, and Taylor Schmidt representing Eurochem International Corp, while Mike Spears and Robert Noack represented FCA in the leasing deal.
Players
Houston Single Family Market Snapshot
Boundary boundary · Single Family · 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