Mia Aesthetics Surgery Center Leases 14,126 SF Office Space In Houston
4120 Southwest Freeway, Houston, TX, USA
Building Size
14,126 SF
Asset Type
Office
Closing
Jan 6, 2021
About this deal
AI
The leased property involved in this transaction is an office space located at 4120 Southwest Freeway in Houston. The property spans 14,126 square feet and the lease was signed on January 7, 2021. The tenant of the space is Mia Aesthetics Surgery Center.
Summary of transaction details
- Property Type: Office
- Tenant: Mia Aesthetics Surgery Center
- Address: 4120 Southwest Freeway, Houston
- Square Footage: 14,126
Eugene Batson, representing eXp Realty, acted as the tenant's representative in this lease transaction. The landlord of the property is River Oaks Ventures, LLC. Christian Connell and Justin Brasell, from Transwestern, served as the landlord's representatives in this deal.
Players
Houston 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