Katy Pure Water Leases 1,000 SF Retail Space At 18859 W. Little York Road In Katy - Rick Gutierrez & Davis Amanyisye Of RESOLUT RE
18859 W Little York Rd, Katy, Tx 77449, Usa
Building Size
1,000 SF
Asset Type
Retail
Closing
Sep 15, 2020
AI
The property involved in this closed transaction is located at 18859 W. Little York Road in Katy and is classified as a retail asset. The leased space measures 1,000 square feet and was occupied by the tenant, Katy Pure Water. The deal was facilitated by brokers Rick Gutierrez and Davis Amanyisye from RESOLUT RE.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 18859 W. Little York Road
- Market: Katy
- Tenant: Katy Pure Water
- Square Footage: 1,000
- Brokers: Rick Gutierrez & Davis Amanyisye - RESOLUT RE
The property at 18859 W. Little York Road in Katy was leased to Katy Pure Water, a retail tenant occupying a 1,000 square foot space. The lease agreement was facilitated by Rick Gutierrez and Davis Amanyisye, representing RESOLUT RE.
Players
Katy 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