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15615 Eastex Freeway

Updated Jan 17, 2025

Bilt advertisement
SG Group Acquires Package Deal From Texas Travel Plaza For $12 Million In Humble
SOLDPackage Deal

SG Group Acquires Package Deal From Texas Travel Plaza For $12 Million In Humble

15615 Eastex Freeway

$12,000,000

$27/SF

Building Size

436,000 SF

Asset Type

Package Deal

Closing

Nov 1, 2024

About this deal

AI

The property involved in this transaction consists of a package deal featuring a Valero truck stop, a Best Western Sure Stay Hotel, and 12 acres of land located at 15615 Eastex Freeway in Humble. The total square footage of the assets is 436,000, with a sale price of $12,000,000, resulting in a price per square foot of $27.

Summary of transaction details:

  • Property Type: Package Deal
  • Transaction Amount: $12,000,000
  • Address: 15615 Eastex Freeway
  • Market: Humble
  • Buyer: SG Group
  • Seller: Texas Travel Plaza
  • Broker: Shoby Kurjee - SK Real Estate Consulting
  • Square Footage: 436,000
  • Price Per Square Foot: $27

SK Real Estate Consulting, represented by Shoby Kurjee, facilitated this transaction, which involved strategically located assets at the intersection of two major highways. The team's focus was on ensuring a seamless and stress-free experience for all parties involved in the deal.

Players

SK Real Estate Consulting

Broker

$17.4M

vol

18 deals

Broker

Humble Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Deal FAQ

About $27 per square foot on a published $12M for 436,000 square feet (2024).

Visit SK Real Estate Consulting to view all their deals.

Browse Humble package deal sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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