Health Care Service Corp Leases 48214 Square Feet At 1800 W Loop S Houston Tx
1800 W Loop S, Houston, TX, 77027
Building Size
48,214 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The lease transaction involves a property located at 1800 W Loop S, Houston, TX, 77027. The total square footage of the property is 48,214. The market for this property is Houston.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1800 W Loop S, Houston, TX, 77027
- Market: Houston
- Square Feet: 48,214
- Tenant: Health Care Service Corp
- Landlord: KBS Realty Advisors
- Tenant's Representative: Garrold Parratt-JLL
- Landlord's Representative: Louann Pereira-Transwestern
The transaction involves Garrold Parratt representing Health Care Service Corp and Louann Pereira representing KBS Realty Advisors. Their roles were crucial in facilitating the lease agreement between the tenant and the landlord.
Players
Houston CRE Market Snapshot
Boundary boundary · CRE · 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