Ryan LLC Leases Office Space At 1233 West Loop S In Houston With Brokers Transwestern
1233 W Loop S, Houston, TX 77027, USA
Building Size
66,750 SF
Asset Type
Office
Closing
Jul 14, 2020
AI
The office property located at 1233 West Loop S in Houston has recently been leased. The lease transaction was successfully completed on July 15, 2020.
Summary of transaction details
- Property Type: Office
- Transaction Date: 07/15/2020
- Address: 1233 West Loop S
- Market: Houston
The tenant for this leased office space is Ryan LLC. The landlord, who owns the property, is Regent Properties represented by Matthew Benbassat. Transwestern, represented by Doug Little, David Baker, Kelli Gault, and Jack Scharnberg, acted as the brokers in this deal.
Players
Houston Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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