Super Auto Repair Leases 10,000 SF Retail Space In Houston With Landlord's Rep Ray Lopez & Ben Condara - Colliers And Tenant's Rep Nizar Hathaf - PRG Realtors
1808 Jacquelyn Drive, Houston, Texas 77055, United States
Building Size
10,000 SF
Asset Type
Retail
Closing
Nov 9, 2022
AI
A retail property located at 1808 Jacquelyn Drive in Houston, Texas has been leased. The property spans 10,000 square feet and is owned by Jaquelyn Realty Management. Super Auto Repair has become the tenant of this space.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 11/09/2022
- Address: 1808 Jacquelyn Drive, Houston, Texas
- Market: Houston
- Size: 10,000 square feet
The lease deal was facilitated by the landlord's representatives Ray Lopez & Ben Condara from Colliers, and Nizar Hathaf from PRG Realtors represented Super Auto Repair.
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