Jiffy Lube Signs 28,000 Square Foot Lease At Westway Plaza In Houston, TX
11330 Clay Road
Building Size
28,000 SF
Asset Type
Office
Closing
Sep 17, 2026
About this deal
AI
The asset involved in this lease transaction is an office space located at 11330 Clay Road, Houston, TX, covering an area of 28,000 square feet within the Westway Plaza, which has a total size of 327,040 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Tenant: Jiffy Lube
- Landlord's Representative: Brad Beasley & Chip Colvill - Partners Real Estate
- Tenant's Representative: Lucian Bukowski - Stream Realty Partners
- Date: 09/17/2026
Jiffy Lube has signed a lease for their new headquarters, relocating from Shell’s Woodcreek campus. Brad Beasley and Chip Colvill represented the undisclosed landlord in this transaction, while Lucian Bukowski acted on behalf of Jiffy Lube throughout the leasing process.
Players
Clay 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