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17355 Tomball Parkway, Hous...

KHP Tomball Leases Retail Space At 17355 Tomball Parkway, Houston
LEASEDRetail

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

Jason Gaines

Sturbridge Commercial Real Estate

Broker

8 deals

Broker
Mia Li

Mia Li

Broker

1 deal

Broker
NAI Global
NAI GlobalBrokerage

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