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6500 West Loop South Freewa...

Capital Commercial Investments Inc. Leases Office Space To UT Physician At 6500 West Loop South In Bellaire
LEASEDOffice

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

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.

Players

Doug Little

Transwestern

Broker

12 deals

Broker
Capital Commercial Investments
Capital Commercial InvestmentsBrokerage

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