Enterprise Holdings Acquires Property At 10401 Centrepark Dr Houston From Seller's Rep Danny Miller
10401 Centrepark Dr, Houston, TX, 77...
Building Size
29,760 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 10401 Centrepark Dr, Houston, TX. It is part of the Houston market and comprises a total of 29,760 square feet. Enterprise Holdings is the buyer of this property.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 10401 Centrepark Dr, Houston, TX
- Square Footage: 29,760
- Seller's Representative: Danny (Dan) Miller
- Buyer: Enterprise Holdings
- Market: Houston
HFF facilitated the transaction, where Dan Miller represented the seller, MetroNational, a privately held company based in Houston. Additionally, HFF also had Trent Agnew involved in the representation of the seller for this transaction.
Players
Houston Office Market Snapshot
Boundary boundary · Office · Sale 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