5040 Crenshaw Rd Medical Office In Pasadena Sold By NAI Partners
5040 Crenshaw Road, Pasadena, Texas 77505, United States
Building Size
18,730 SF
Asset Type
—
Closing
Feb 8, 2022
About this deal
AI
A medical office located at 5040 Crenshaw Rd in Pasadena has been sold. The property encompasses an area of 18,730 square feet and sits on a 2-acre lot. The transaction took place on February 9, 2022. Cary Latham & Wyatt Huff of NAI Partners represented the parties involved in the deal.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: Not provided
- Market: Pasadena
- Address: 5040 Crenshaw Rd
- Square Footage: 18,730 SF
- Lot Size: 2 acres
The sale of the medical office at 5040 Crenshaw Rd in Pasadena was facilitated by Cary Latham & Wyatt Huff of NAI Partners. These brokers represented the parties involved in the transaction.
On the Map
Players
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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