Branford Partners LLC Acquires Medical Office In Sugar Land From Hass Holdings
7417 Branford Place, Sugar Land, TX 77479
Building Size
8,400 SF
Asset Type
Office
Closing
Dec 16, 2021
About this deal
AI
A medical office property located at 7417 Branford Place in Sugar Land has been sold in a recent transaction. The property spans approximately 8,400 square feet and was acquired by Branford Partners LLC.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: Not specified
- Address: 7417 Branford Place, Sugar Land
- Market: Sugar Land
Representing the buyer in the deal was Justin Brasell from Transwestern. The seller, Hass Holdings, was represented by Jenny Seckinger and Ace Schlameus from Colliers.
On the Map
Office
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Players
Sugar Land Office Market Snapshot
Boundary boundary · Office · Sale 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