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1800 W Loop S, Houston, TX,...

Health Care Service Corp Leases 48214 Square Feet At 1800 W Loop S Houston Tx
LEASED

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

Louann Pereira

Transwestern

Broker

7 deals

Broker
KA
KBS Realty AdvisorsLandlord
HC
Health Care Service CorpTenant

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