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11111 Katy Freeway, Houston...

Senna Home Buyers Leases Office Space In Houston At 11111 Katy Freeway
LEASEDOffice

Senna Home Buyers Leases Office Space In Houston At 11111 Katy Freeway

11111 Katy Freeway, Houston, Texas 77079, United States

Building Size

3,932 SF

Asset Type

Office

Closing

Mar 16, 2022

AI

Senna Home Buyers has leased an office space located at 11111 Katy Freeway in Houston. The property, measuring 3,932 square feet, was leased on 03/17/2022.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 11111 Katy Freeway, Houston
  • Market: Houston
  • Square Footage: 3,932

The lease was facilitated by Jack Russo from JLL, representing the landlord, and Pierce Beyer, Jon Silberman, and Ryan DeGennaro from NAI Partners, representing the tenant, Senna Home Buyers.

Players

Jon Silberman

Partners Real Estate

Broker

12 deals

Broker

Houston Office Market Snapshot

Boundary boundary · Office · 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