Irfan Tejani Acquires 12-Store Package Deal Portfolio From Raza Rizvi In Sugar Land
Building Size
4,531 SF
Asset Type
Package Deal
Closing
Jun 16, 2026
AI
A package deal comprising a total of 4,531 square feet in the Sugar Land market has been successfully closed. The buyer of this portfolio is Irfan Tejani, while the seller is Raza Rizvi.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: Not specified
- Buyer: Irfan Tejani
- Seller: Raza Rizvi
- Broker: Hassaan Alam - The Alam Group Powered by Keller Williams Houston Central
- Date of Transaction: 06/17/2026
Hassaan Alam, representing the Tejani Group, facilitated this acquisition in the Houston market. Their strategic insight and expertise have been pivotal in helping investors like Tejani identify and capitalize on opportunities in a competitive environment, culminating in the successful acquisition of a 12-store portfolio.
Players
Market Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale 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