RCP Inc. Leases 12,250 SF Office Space At 801 Louisiana Street In Downtown Houston
801 Louisiana St, Houston, TX 77002, USA
Building Size
122,500 SF
Asset Type
Office
Closing
Jun 10, 1920
AI
The office space located at 801 Louisiana Street in Downtown Houston has recently been leased. The property, spanning an area of 12,250 square feet, was leased by RCP Inc., represented by W. R. (Bill) Byrd. The landlord for this transaction is 801 Louisiana Partners, L.P.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
Avison Young, represented by Anthony Squillante and Josh Morrow, along with Boxer Property, were the brokers involved in this lease agreement.
Players
Houston Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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