SOLDOther
Sale · Other
Building Size
827,640 SF
Asset Type
Other
Closing
Oct 21, 2026
About this deal
AI
The transaction involved the sale of a gas station located in the Houston MSA, featuring a total built square footage of 827,640. The asset was acquired as part of an all-cash deal executed by a 1031 buyer.
Summary of transaction details:
- Property Type: Other
- Transaction Amount: Not specified
- Date of Transaction: 10/21/2026
- Market: Texas
- Brokers: Sai Thakor & Aayush Desai - CBRE
- Buyer Representation: CBRE represented the buyer
- Seller Representation: CBRE represented the seller
Sai Thakor and Aayush Desai, representatives from CBRE, facilitated the transaction, indicating their role in both the buyer and seller representation throughout the deal process.
Players
Market Other Market Snapshot
Boundary boundary · Other · 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