Gary Keller Acquires Office Space At 4265 San Felipe St. In Houston
4265 San Felipe Street
Building Size
20,656 SF
Asset Type
Office
Closing
Jan 24, 2024
AI
The leased property at 4265 San Felipe Street in Houston is an office space spanning 20,656 square feet. This transaction involves a lease agreement between the tenant, Gary Keller of Keller Williams Metropolitan, and the landlord, Woodbranch Management Inc.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 4265 San Felipe Street
- Market: Houston
- Tenant: Gary Keller - Keller Williams Metropolitan
- Landlord: Woodbranch Management Inc
Representing the landlord in this lease deal are Brad Fricks and Matthew Asvestas from Stream Realty Partners. Ty Martin of McCann Commercial serves as the tenant's representative.
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