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1250 Eldridge Parkway

Updated Dec 4, 2024

LEASEDRetail

Victoria Luo Of Nan & Company Properties Leases Retail Space At 1250 Eldridge Parkway In Houston

1250 Eldridge Parkway

$30

$30/SF

Building Size

3 SF

Asset Type

Retail

Closing

Jan 1, 2023

About this deal

AI

The retail property located at 1250 Eldridge Parkway in Houston has recently been leased. The transaction was facilitated by broker Victoria Luo from Nan & Company Properties. The property is approximately 1,375 square feet in size.

Summary of transaction details:

  • Property Type: Retail
  • Asking Rent: $30 per square foot
  • Market: Houston

Victoria Luo from Nan & Company Properties represented the parties involved in this lease transaction.

The retail lease at 1250 Eldridge Parkway in Texas leased for $30 in 2023. The building is 3 square feet, implying about 30 per square foot on the published price. This page is the Texas file for the 1250 Eldridge Parkway retail leased: pricing, party profiles, and other closed retail comps from the same Texas sit in the Market section below. Filter that local retail set by closing date to see what else leased near 1250 Eldridge Parkway around 2023. Published consideration for 1250 Eldridge Parkway is $30, dated 2023. Cite this Victoria Luo Of Nan & Company Properties Leases Retail Space At 1250 Eldridge Parkway In Houston lease when underwriting similar retail product around Texas.

Players

Market Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $30 per square foot on a published $30 for 3 square feet (2023).

Browse Texas retail leases on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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