World Trade Distribution, Inc. Signs 5-Year NNN Lease With Link Logistics At 8985-8999 Market St
Building Size
122,655 SF
Asset Type
Warehouse
Closing
Oct 5, 2026
About this deal
AI
The property asset involved in this transaction is a warehouse located at 8985-8999 Market Street in Houston. The total square footage of the warehouse is 122,655 square feet, and it is owned by Link Logistics.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: Not specified
- Lease Term: 5 Years
- Lease Type: NNN Lease
- Landlord: Link Logistics
- Tenant: World Trade Distribution, Inc.
- Brokers: Jared Edelman & Patrick McKiernan - First Houston Properties
The key individuals representing the transaction are Jared Edelman and Patrick McKiernan, who are affiliated with First Houston Properties, acting as brokers for the landlord and tenant in this lease agreement.
Players
Market Warehouse Market Snapshot
Boundary boundary · Warehouse · 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