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3023 Farrell Rd, Houston, T...

Eurochem International Corp. Leases 8000 Square Feet At 3023 Farrell Rd, Houston From FCA
LEASEDSingle Family

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:

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

Taylor Schmidt

Colliers

Broker

$18M

vol

18 deals

Broker
FCA
FCALandlord

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