Bluestone Lane Leases Retail Space In Houston's Market With Landlord Wolf Capital Partners
115 West 19th Street, Houston, TX, USA
Building Size
4,400 SF
Asset Type
Retail
Closing
Nov 5, 2021
About this deal
AI
Bluestone Lane has recently leased a retail space located at 115 West 19th St in Houston. The property spans 4,400 square feet and is owned by Wolf Capital Partners. The lease transaction was finalized on November 5th, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: N/A
- Address: 115 West 19th St
- Market: Houston
- Square Footage: 4,400 SF
Bluestone Lane, represented by Nick Stone, has become the tenant for this retail space. The tenant's representatives in the deal were Daniel Bodner from Alvarez & Marsal Property Solutions, and Chris Reyes and Tyler Trevino from Shop Companies.
On the Map
Retail
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Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Lease 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