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1400 North Westgreen Boulev...

Sea Pretty LLC, Long Coffee Realty LLC & Capital RC Investments LLC Lease Retail Space To Sushi Mafia In Katy
LEASEDRetail

Sea Pretty LLC, Long Coffee Realty LLC & Capital RC Investments LLC Lease Retail Space To Sushi Mafia In Katy

1400 North Westgreen Boulevard, Katy, Texas 77449, United States

Building Size

4,000 SF

Asset Type

Retail

Closing

Mar 3, 2022

AI

1400 N Westgreen Blvd, a retail property located in Katy, was recently leased. The property spans approximately 4,000 square feet. The lease transaction took place on 03/04/2022.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Market: Katy
  • Address: 1400 N Westgreen Blvd
  • Asset Type: Retail
  • Size: 4,000 SF

The property was leased by Sushi Mafia. The landlord in the transaction is Sea Pretty LLC, Long Coffee Realty LLC, and Capital RC Investments LLC. The deal was facilitated by Jason Gaines from NAI Partners.

Players

Jason Gaines

Sturbridge Commercial Real Estate

Broker

8 deals

Broker
NAI Global
NAI GlobalBrokerage

Katy 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