KHP Tomball Leases Retail Space At 17355 Tomball Parkway, Houston
17355 Tomball Parkway, Houston, Texas 77064, United States
Building Size
9,603 SF
Asset Type
Retail
Closing
Mar 22, 2022
AI
The retail property located at 17355 Tomball Parkway in Houston has been leased to KHP Tomball. The property spans 9,603 square feet and is owned by Willowbrook Center I, LLC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 17355 Tomball Parkway, Houston
- Square Footage: 9,603 SF
The landlord's representative in this deal is Jason Gaines from NAI Partners, while the tenant was represented by Mia Li. The transaction was completed on March 23, 2022.
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