Capital Commercial Investments Inc. Leases Office Space To UT Physician At 6500 West Loop South In Bellaire
6500 West Loop South Freeway, Bellaire, TX 77401
Building Size
139,243 SF
Asset Type
Office
Closing
Dec 3, 2021
About this deal
AI
The office property located at 6500 West Loop South in Bellaire has been leased. The lease was finalized on December 3, 2021. The property has a total square footage of 139,243.
Summary of transaction details:
- Property Type: Office
- Transaction Date: 12/03/2021
- Address: 6500 West Loop South, Bellaire
- Market: Bellaire
- Square Footage: 139,243
The landlord for this property is Capital Commercial Investments Inc. The tenant who secured the lease is UT Physician. The landlord was represented by Justin Brasell, Doug Little, and Ashley Cassel from Transwestern. Lisa Bovermann, also from Transwestern, acted as the tenant's representative.
On the Map
Office
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Players
Bellaire 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