facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Other

/

Lease

/

1001 Bay Area BLVD, Webster...

Blue Lion Salon Studios Leases 11000 SF Space At 1001 Bay Area BLVD, Webster, TX
LEASEDOther

Blue Lion Salon Studios Leases 11000 SF Space At 1001 Bay Area BLVD, Webster, TX

1001 Bay Area BLVD, Webster, TX, 77...

Building Size

11,000 SF

Asset Type

Other

Closing

Jun 13, 2017

AI

The property involved in the lease transaction is located at 1001 Bay Area Blvd in Webster, TX. The asset type is classified as Other, with a total square footage of 11,000 square feet. The landlord of this retail space is Weingarten Realty Investors.

Summary of transaction details:

  • Property Type: Other
  • Transaction Amount: Not provided
  • Tenant: Blue Lion Salon Studios
  • Market: Webster
  • Tenant's Rep: Mark Raines(JLL), Matt Parsons(JLL)
  • Landlord: Weingarten Realty Investors
  • Square Feet: 11000

Blue Lion Salon Studios, represented by Mark Raines and Matt Parsons from JLL, leased 11,000 square feet at Baybrook Gateway in Webster. The landlord, Weingarten Realty Investors, was represented by Brody Farris in-house for this retail lease.

Players

Matt Parsons

JLL

Broker

4 deals

Broker
WI
Weingarten Realty InvestorsLandlord

Webster Other Market Snapshot

Boundary boundary · Other · 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