LEASEDRetail
Smoke World Leases 1,080 SF Retail Space At 12807 Westheimer Road In Houston With Broker Davis Amanyisye – RESOLUT RE
12807 Westheimer Rd, Houston, TX 77077, USA
Building Size
1,080 SF
Asset Type
Retail
Closing
Sep 15, 2020
AI
The retail property located at 12807 Westheimer Road in Houston has been leased. The lease transaction was completed on September 16, 2020. The property covers an area of 1,080 square feet and is occupied by Smoke World.
Summary of transation details
- Property Type: Retail
- Transaction Date: 09/16/2020
- Address: 12807 Westheimer Road
- Market: Houston
- Tenant: Smoke World
- Square Footage: 1,080
- Broker: Davis Amanyisye - RESOLUT RE
Davis Amanyisye from RESOLUT RE represented the involved parties in the lease transaction at 12807 Westheimer Road in Houston.
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