LEASEDRetail
Infinity Beauty Leases Retail Space At 15015 Westheimer Road In Houston
15015 Westheimer Rd, Houston, TX 77082, USA
Building Size
12,500 SF
Asset Type
Retail
Closing
Aug 31, 2020
About this deal
AI
The retail property located at 15015 Westheimer Road in Houston has been leased. The transaction was completed on September 1, 2020. The property spans an area of 1,250 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Date: September 1, 2020
- Address: 15015 Westheimer Road, Houston
- Square Footage: 1,250
- Tenant: Infinity Beauty
Myra Vorrice from RESOLUT RE represented the tenant, Infinity Beauty, in the leasing process. Joe Rothchild from Keller Williams Signature acted as the landlord's representative for this transaction.
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Deal FAQ
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