James Bell & Watt Harrison Of Marcus & Millichap Acquire Office Space In Katy At 23543 Kingsland Blvd
23543 Kingsland Boulevard
Building Size
12 SF
Asset Type
Office
Closing
Dec 7, 2022
About this deal
AI
The property involved in this closed transaction is an office located at 23543 Kingsland Blvd in Katy. The office has a size of 12,025 square feet and was sold on 12/07/2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 23543 Kingsland Blvd
- Market: Katy
- Size: 12,025 square feet
James Bell & Watt Harrison of Marcus & Millichap represented the parties involved in this transaction, serving as the brokers for the deal.
Traded’s record for 23543 Kingsland Boulevard in Katy, Texas covers a office sale from 2022. The building is 12 square feet, implying about 0 per square foot on the published price. Watt Harrison, James Bell, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Katy, Texas file for the 23543 Kingsland Boulevard office sold: pricing, party profiles, and other closed office comps from the same Katy sit in the Market section below. Filter that Katy office set by closing date to see what else sold near 23543 Kingsland Boulevard around 2022. Cite this James Bell & Watt Harrison Of Marcus & Millichap Acquire Office Space In Katy At 23543 Kingsland Blvd sale when underwriting similar office product around Katy, Texas.
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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