NAI Partners Represents Tenant In Lease Of Office Space At 3 Riverway In Houston
3 Riverway, Houston, Texas 77056, United States
Building Size
13,709 SF
Asset Type
Office
Closing
Dec 8, 2021
About this deal
AI
An office space located at 3 Riverway in Houston has been leased. The property spans an area of 13,709 square feet. The lease transaction took place on 12/08/2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 3 Riverway
- Market: Houston
- Square Footage: 13,709
The landlord, Brad Fricks from Stream Realty, represented the property in the lease deal. On the other hand, the tenant, whose name was not provided, was represented by Jason Whittington from NAI Partners.
Traded’s record for 3 Riverway, Houston, Texas 77056, United States in Houston, Texas covers a office lease from 2021. Published size for 3 Riverway, Houston, Texas 77056, United States is 13,709 square feet. Jason Whittington, Brad Fricks, NAI Global, Stream Realty Partners appear on the lease alongside NAI Global, Stream Realty Partners, Partners Real Estate. This page is the Houston, Texas file for the 3 Riverway, Houston, Texas 77056, United States office leased: pricing, party profiles, and other closed office comps from the same Houston sit in the Market section below. Filter that Houston office set by closing date to see what else leased near 3 Riverway, Houston, Texas 77056, United States around 2021. Cite this NAI Partners Represents Tenant In Lease Of Office Space At 3 Riverway In Houston lease when underwriting similar office product around Houston, Texas.
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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