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4359 Hwy 6 N, Houston, Tx 7...

Discount Car Care Leases 3,400 SF Retail Space In Houston - Brokers Jim Thompson & Eric Broussard - RESOLUT RE
LEASEDRetail

Discount Car Care Leases 3,400 SF Retail Space In Houston - Brokers Jim Thompson & Eric Broussard - RESOLUT RE

4359 Hwy 6 N, Houston, Tx 77084, Estados Unidos

Building Size

34,000 SF

Asset Type

Retail

Closing

Sep 13, 2020

AI

The property involved in the lease transaction is a retail asset located at 4359 N. Hwy 6 in Houston. The property spans 3,400 square feet and the lease was signed by Discount Car Care.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not Available

The lease transaction was facilitated by Jim Thompson and Eric Broussard from RESOLUT RE.

Players

Eric Broussard

Broker

4 deals

Broker

Houston Retail Market Snapshot

Boundary boundary · Retail · 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