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18859 W Little York Rd, Kat...

Katy Pure Water Leases 1,000 SF Retail Space At 18859 W. Little York Road In Katy - Rick Gutierrez & Davis Amanyisye Of RESOLUT RE
LEASEDRetail

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

Davis Amanyisye

NAI Global

Broker

3 deals

Broker
Resolut Re
Resolut ReBrokerage

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