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3663 Washington Avenue, Hou...

Updated Oct 29, 2024

REV Renewables Leases Office Space At 3663 Washington Ave In Houston With Brett Blanchard Of CBRE As Tenant's Rep
LEASEDOffice

REV Renewables Leases Office Space At 3663 Washington Ave In Houston With Brett Blanchard Of CBRE As Tenant's Rep

3663 Washington Avenue, Houston, Texas 77007, United States

Building Size

11,850 SF

Asset Type

Office

Closing

Mar 16, 2023

About this deal

AI

REV Renewables has entered into a lease agreement with BKR Memorial for a 11,850 square foot office space located at 3663 Washington Ave in Houston. The lease was finalized on March 16, 2023.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 3663 Washington Ave, Houston
  • Market: Houston
  • Tenant: REV Renewables
  • Landlord: BKR Memorial

The tenant, Matt Greenway of REV Renewables, was represented by Brett Blanchard of CBRE in this leasing transaction.

Traded’s record for 3663 Washington Avenue, Houston, Texas 77007, United States in Houston, Texas covers a office lease from 2023. The building is 11,850 square feet, implying about 0 per square foot on the published price. This page is the Houston, Texas file for the 3663 Washington Avenue, Houston, Texas 77007, 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 3663 Washington Avenue, Houston, Texas 77007, United States around 2023. Cite this REV Renewables Leases Office Space At 3663 Washington Ave In Houston With Brett Blanchard Of CBRE As Tenant's Rep 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

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