Updated Sep 9, 2024
Nan & Company Properties Leases Retail Space At 1396 Eldridge Parkway In Houston For $30/ft
1396 Eldridge Parkway
$30
$30/SF
Building Size
1,522 SF
Asset Type
MultiFamily
Closing
Feb 1, 2023
About this deal
AI
The retail property located at 1396 Eldridge Parkway in Houston has been leased. The property spans approximately 1,522 square feet and was leased for a term of 5 years.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Lease
- Asking Rent: $30/ft
- Square Footage: 1,522
- Lease Term: 5 years
- Landlord's Rep: Victoria Luo - Nan & Company Properties
Victoria Luo from Nan & Company Properties represented the landlord in this lease transaction.
The multifamily lease at 1396 Eldridge Parkway in Texas leased for $30 in 2023. The building is 1,522 square feet, implying about 30 per square foot on the published price. Victoria Luo, Nan & Company Properties appear on the lease alongside Nan & Company Properties. This page is the Texas file for the 1396 Eldridge Parkway multifamily leased: pricing, party profiles, and other closed multifamily comps from the same Texas sit in the Market section below. Filter that local multifamily set by closing date to see what else leased near 1396 Eldridge Parkway around 2023. Published consideration for 1396 Eldridge Parkway is $30, dated 2023. Cite this Nan & Company Properties Leases Retail Space At 1396 Eldridge Parkway In Houston For $30/ft lease when underwriting similar multifamily product around Texas.
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93