Skyline Executive Suites Leases Office Space In West Houston
11757 Katy Freeway, Houston, Texas 77079, United States
Building Size
21,735 SF
Asset Type
Office
Closing
Nov 10, 2022
About this deal
AI
An office space located at 11757 Katy Freeway in West Houston has recently been leased. The property spans 21,735 square feet and is owned by an undisclosed landlord. The lease transaction took place on November 10, 2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Address: 11757 Katy Freeway
- Market: West Houston
- Square Footage: 21,735
Skyline Executive Suites is the tenant responsible for the lease. The tenant was represented by Kevin Poynter from Poynter Commercial Properties Corp. On the other hand, Adam Ross from Stream Realty Partners served as the landlord's representative in the deal.
On the Map
Office
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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